18, BAIN RISE, LUDFORD, MARKET RASEN, LN8 6LF - £158,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 BAIN RISE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £158,000 in October 2014, which was around 12% below the average October 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

18 BAIN RISE Sold Prices

Land registry data shows four sales for 18 BAIN RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 18 BAIN RISE 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
2014 20 OCT	£158,000	£178,623	12% below HPI
2013 15 FEB	£134,000	£157,348	15% below HPI
2000 16 NOV	£79,000	£76,227	4% above HPI
1998 30 NOV	£59,500	£67,291	12% below HPI

18 BAIN RISE 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 four 18 BAIN RISE sales between November 1998 and October 2014 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 February 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 18 BAIN RISE?

18 BAIN RISE is 78m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where 18 BAIN RISE lies on this distribution: 17% of detached houses are smaller than 18 BAIN RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ludford.

18 BAIN RISE: Plot and Title Map

18 BAIN RISE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 18 BAIN RISE, 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 18 BAIN RISE). 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 18 BAIN RISE?

18 BAIN RISE is located in LUDFORD, in the LN8 postcode district. The below map shows the position of No. 18 on BAIN RISE.