5, RECTORY CLOSE, BINBROOK, MARKET RASEN, LN8 6EA - £185,000

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.

5 RECTORY CLOSE is a midsized detached house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £306,296. It was last sold for £185,000 in November 2009, which was around 11% above the average November 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

5 RECTORY CLOSE Sold Prices

Land registry data shows one sale for 5 RECTORY CLOSE 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
2009 11 NOV	£185,000	£166,643	11% above HPI

What might 5 RECTORY CLOSE be worth now?

5 RECTORY CLOSE might now be worth an estimated £306,296.

This is based on house price inflation of 65.6%, between November 2009 and April 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 65.6% inflationary increase is applied to the most recent sale price for 5 RECTORY CLOSE of £185,000 on 11th November 2009. For the value to have increased from £185,000 to £306,296 over the seventeen years and seven months to April 2026, the following assumptions must hold true:

• The value of 5 RECTORY CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2009 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RECTORY CLOSE has not materially changed since November 2009.

How Large is 5 RECTORY CLOSE?

5 RECTORY CLOSE is 103m² according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where 5 RECTORY CLOSE lies on this distribution: 52% of detached houses are smaller than 5 RECTORY CLOSE, and 47% of detached houses are larger. Note that EPC data is not available for all properties in Binbrook.

5 RECTORY CLOSE: Plot

5 RECTORY CLOSE sits on a plot of roughly 0.174 of an acre, or 703m².

Where is 5 RECTORY CLOSE?

5 RECTORY CLOSE is located in BINBROOK, in the LN8 postcode district.