21, BAIN RISE, LUDFORD, MARKET RASEN, LN8 6LF - £130,000

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

21 BAIN RISE is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £130,000 in August 2017, which was around 38% below the average August 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

21 BAIN RISE Sold Prices

Land registry data shows three sales for 21 BAIN RISE 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 21 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
2017 31 AUG	£130,000	£211,244	38% below HPI
2007 15 OCT	£158,000	£188,072	16% below HPI
1999 3 DEC	£57,667	£71,069	19% below HPI

21 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 three 21 BAIN RISE sales between December 1999 and August 2017 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 21 BAIN RISE?

21 BAIN RISE is 60m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where 21 BAIN RISE lies on this distribution: 9% of detached houses are smaller than 21 BAIN RISE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ludford.

21 BAIN RISE: Plot and Title Map

21 BAIN RISE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 21 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 21 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 21 BAIN RISE?

21 BAIN RISE is located in LUDFORD, in the LN8 postcode district. The below map shows the position of No. 21 on BAIN RISE.