20, MEADOW DRIVE, BINBROOK, MARKET RASEN, LN8 6DA - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 MEADOW DRIVE is a large detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £276,001. It was last sold for £160,000 in November 2012, which was about the average November 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

20 MEADOW DRIVE Sold Prices

Land registry data shows one sale for 20 MEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 21 NOV	£160,000	£159,636	Close to HPI

What might 20 MEADOW DRIVE be worth now?

20 MEADOW DRIVE might now be worth an estimated £276,001.

This is based on house price inflation of 72.5%, between November 2012 and May 2026, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.5% inflationary increase is applied to the most recent sale price for 20 MEADOW DRIVE of £160,000 on 21st November 2012. For the value to have increased from £160,000 to £276,001 over the fourteen years and six months to May 2026, the following assumptions must hold true:

• The value of 20 MEADOW DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2012 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MEADOW DRIVE has not materially changed since November 2012.

How Large is 20 MEADOW DRIVE?

20 MEADOW DRIVE is 112m² according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where 20 MEADOW DRIVE lies on this distribution: 61% of detached houses are smaller than 20 MEADOW DRIVE, and 37% of detached houses are larger. Note that EPC data is not available for all properties in Binbrook.

20 MEADOW DRIVE: Plot

20 MEADOW DRIVE sits on a plot of roughly 0.176 of an acre, or 712m².

Where is 20 MEADOW DRIVE?

20 MEADOW DRIVE is located in BINBROOK, in the LN8 postcode district.