WESLEY MOUNT, HIGH STREET, BINBROOK, MARKET RASEN, LN8 6BH - £140,000

WESLEY MOUNT is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £140,000 in June 2019, which was around 35% below the average June 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

WESLEY MOUNT Sold Prices

Land registry data shows three sales for WESLEY MOUNT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three WESLEY MOUNT sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 6 JUN	£140,000	£215,341	35% below HPI
2006 9 JUN	£168,000	£183,212	8% below HPI
2002 6 AUG	£155,000	£105,490	47% above HPI

WESLEY MOUNT Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three WESLEY MOUNT sales between August 2002 and June 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is WESLEY MOUNT?

WESLEY MOUNT is 127m², which includes one extension, according to the EPC inspection conducted in April 2019. 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 WESLEY MOUNT lies on this distribution: 71% of detached houses are smaller than WESLEY MOUNT, and 29% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

WESLEY MOUNT: Plot and Title Map

WESLEY MOUNT sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of WESLEY MOUNT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of WESLEY MOUNT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is WESLEY MOUNT?

WESLEY MOUNT is located on HIGH STREET in BINBROOK, in the LN8 postcode district. The below map shows the position of WESLEY MOUNT on HIGH STREET.