9, BAIN RISE, LUDFORD, MARKET RASEN, LN8 6LF - £155,000

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

9 BAIN RISE is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £155,000 in June 2014, which was around 11% below the average June 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

9 BAIN RISE Sold Prices

Land registry data shows three sales for 9 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. Two of the three 9 BAIN RISE sales were for below the average price, whilst one was for above 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 12 JUN	£155,000	£174,182	11% below HPI
2013 26 MAR	£105,000	£161,323	35% below HPI
1995 7 APR	£59,950	£56,465	6% above HPI

9 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 9 BAIN RISE sales between April 1995 and June 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 March 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 9 BAIN RISE?

9 BAIN RISE is 90m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where 9 BAIN RISE lies on this distribution: 37% of detached houses are smaller than 9 BAIN RISE, and 63% of houses are larger. Note that EPC data is not available for all properties in Ludford.

9 BAIN RISE: Plot and Title Map

9 BAIN RISE sits on a plot of roughly 0.172 of an acre, or 694m². The below map shows the location of 9 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 9 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 9 BAIN RISE?

9 BAIN RISE is located in LUDFORD, in the LN8 postcode district. The below map shows the position of No. 9 on BAIN RISE.