3, MEADOW DRIVE, BINBROOK, MARKET RASEN, LN8 6DA - £139,950

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 MEADOW DRIVE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £139,950 in October 2003, which was around 2% above the average October 2003 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

3 MEADOW DRIVE Sold Prices

Land registry data shows two sales for 3 MEADOW DRIVE 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. One of the two 3 MEADOW DRIVE sales was for above the average price, whilst the other was 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
2003 8 OCT	£139,950	£137,863	2% above HPI
1996 18 OCT	£54,750	£57,578	5% below HPI

3 MEADOW 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 two 3 MEADOW DRIVE sales from October 1996 and October 2003 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 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2003 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 MEADOW DRIVE?

3 MEADOW DRIVE is 87m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where 3 MEADOW DRIVE lies on this distribution: 34% of detached houses are smaller than 3 MEADOW DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

3 MEADOW DRIVE: Plot and Title Map

3 MEADOW DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 3 MEADOW 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 3 MEADOW 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 3 MEADOW DRIVE?

3 MEADOW DRIVE is located in BINBROOK, in the LN8 postcode district. The below map shows the position of No. 3 on MEADOW DRIVE.