WILLOW COTTAGE, KIRMOND ROAD, BINBROOK, MARKET RASEN, LN8 6HY - £255,000

WILLOW COTTAGE is a very small detached house of 78m². It was last sold for £255,000 in April 2022, which was around 6% below the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

WILLOW COTTAGE Sold Prices

Land registry data shows two sales for WILLOW COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two WILLOW COTTAGE sales were for below 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
2022 7 APR	£255,000	£272,340	6% below HPI
2017 4 SEP	£55,000	£210,398	74% below HPI

WILLOW COTTAGE 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 two WILLOW COTTAGE sales from September 2017 and April 2022 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 September 2017 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the April 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is WILLOW COTTAGE?

WILLOW COTTAGE is 78m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where WILLOW COTTAGE lies on this distribution: 18% of detached houses are smaller than WILLOW COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

WILLOW COTTAGE: Plot and Title Map

WILLOW COTTAGE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of WILLOW COTTAGE, 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 WILLOW COTTAGE). 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 WILLOW COTTAGE?

WILLOW COTTAGE is located on KIRMOND ROAD in BINBROOK, in the LN8 postcode district. The below map shows the position of WILLOW COTTAGE on KIRMOND ROAD.