8, LUDFORD ROAD, BINBROOK, MARKET RASEN, LN8 6DR - £138,000

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.

8 LUDFORD ROAD is a very small semi-detached house of 78m², built sometime before 1900, which could now be worth an estimated £202,111. It was last sold for £138,000 in November 2016, which was around 5% above the average November 2016 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

8 LUDFORD ROAD Sold Prices

Land registry data shows three sales for 8 LUDFORD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. One of the three 8 LUDFORD ROAD sales was for above the average price, whilst two 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
2016 9 NOV	£138,000	£131,740	5% above HPI
2008 28 JUL	£100,000	£122,044	18% below HPI
2003 3 APR	£50,000	£79,480	37% below HPI

8 LUDFORD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 8 LUDFORD ROAD sales between April 2003 and November 2016 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 July 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2016 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 LUDFORD ROAD be worth now?

8 LUDFORD ROAD might now be worth an estimated £202,111.

This is based on house price inflation of 46.5%, between November 2016 and February 2025, for semi-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 46.5% inflationary increase is applied to the most recent sale price for 8 LUDFORD ROAD of £138,000 on 9th November 2016. For the value to have increased from £138,000 to £202,111 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 LUDFORD ROAD has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The November 2016 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LUDFORD ROAD has not materially changed since November 2016.

How Large is 8 LUDFORD ROAD?

8 LUDFORD ROAD is 78m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of semi-detached houses houses in Binbrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Binbrook, and where 8 LUDFORD ROAD lies on this distribution: 18% of semi-detached houses houses are smaller than 8 LUDFORD ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

8 LUDFORD ROAD: Plot and Title Map

8 LUDFORD ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 8 LUDFORD ROAD, 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 8 LUDFORD ROAD). 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 8 LUDFORD ROAD?

8 LUDFORD ROAD is located in BINBROOK, in the LN8 postcode district. The below map shows the position of No. 8 on LUDFORD ROAD.