BRAYBROOK, SPRING BANK, BINBROOK, MARKET RASEN, LN8 6DF - £240,000

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.

BRAYBROOK is a large extended detached house of 142m², built sometime between 1983 and 1990, which could now be worth an estimated £237,996. It was last sold for £240,000 in June 2022, which was around 14% below the average June 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

BRAYBROOK Sold Prices

Land registry data shows one sale for BRAYBROOK 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
2022 30 JUN	£240,000	£277,692	14% below HPI

What might BRAYBROOK be worth now?

BRAYBROOK might now be worth an estimated £237,996.

This is based on house price deflation of 0.8%, between June 2022 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 0.8% deflationary decrease is applied to the most recent sale price for BRAYBROOK of £240,000 on 30th June 2022. For the value to have decreased from £240,000 to £237,996 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of BRAYBROOK has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of BRAYBROOK has not materially changed since June 2022.

How Large is BRAYBROOK?

BRAYBROOK is 142m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where BRAYBROOK lies on this distribution: 79% of detached houses are smaller than BRAYBROOK, and 21% of detached houses are larger. Note that EPC data is not available for all properties in Binbrook.

BRAYBROOK: Plot

BRAYBROOK sits on a plot of roughly 0.190 of an acre, or 769m².

Where is BRAYBROOK?

BRAYBROOK is located on SPRING BANK in BINBROOK, in the LN8 postcode district.