16, MANOR DRIVE, BINBROOK, MARKET RASEN, LN8 6BX - £274,000

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.

16 MANOR DRIVE is a midsized detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £281,236. It was last sold for £274,000 in July 2022, which was around 2% below the average July 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

16 MANOR DRIVE Sold Prices

Land registry data shows three sales for 16 MANOR DRIVE 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. All of the three 16 MANOR DRIVE 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 27 JUL	£274,000	£278,887	2% below HPI
2019 28 OCT	£210,000	£228,208	8% below HPI
2014 27 JAN	£157,000	£166,370	6% below HPI

16 MANOR DRIVE 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 16 MANOR DRIVE sales between January 2014 and July 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 October 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 16 MANOR DRIVE be worth now?

16 MANOR DRIVE might now be worth an estimated £281,236.

This is based on house price inflation of 2.6%, between July 2022 and February 2025, 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 2.6% inflationary increase is applied to the most recent sale price for 16 MANOR DRIVE of £274,000 on 27th July 2022. For the value to have increased from £274,000 to £281,236 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 16 MANOR DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2022 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MANOR DRIVE has not materially changed since July 2022.

How Large is 16 MANOR DRIVE?

16 MANOR DRIVE is 96m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Binbrook, and where 16 MANOR DRIVE lies on this distribution: 44% of detached houses houses are smaller than 16 MANOR DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

16 MANOR DRIVE: Plot and Title Map

16 MANOR DRIVE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 16 MANOR DRIVE, 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 16 MANOR DRIVE). 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 16 MANOR DRIVE?

16 MANOR DRIVE is located in BINBROOK, in the LN8 postcode district. The below map shows the position of No. 16 on MANOR DRIVE.