21, MANOR DRIVE, BINBROOK, MARKET RASEN, LN8 6BX - £154,000

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 MANOR DRIVE is a midsized detached house of 98m², built sometime between 1976 and 1982. It was last sold for £154,000 in May 2014, which was around 11% below the average May 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

21 MANOR DRIVE Sold Prices

Land registry data shows three sales for 21 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 21 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
2014 27 MAY	£154,000	£172,441	11% below HPI
2008 12 MAY	£153,000	£178,069	14% below HPI
2002 1 MAY	£69,000	£98,349	30% below HPI

21 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 21 MANOR DRIVE sales between May 2002 and May 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 May 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 21 MANOR DRIVE?

21 MANOR DRIVE is 98m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where 21 MANOR DRIVE lies on this distribution: 46% of detached houses are smaller than 21 MANOR DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

21 MANOR DRIVE: Plot and Title Map

21 MANOR DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 21 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 21 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 21 MANOR DRIVE?

21 MANOR DRIVE is located in BINBROOK, in the LN8 postcode district. The below map shows the position of No. 21 on MANOR DRIVE.