ASHCOMBE, GRIMSBY ROAD, BINBROOK, MARKET RASEN, LN8 6DH - £102,550

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.

ASHCOMBE is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £139,487. It was last sold for £102,550 in November 2017, which was around 51% below the average November 2017 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 B.

ASHCOMBE Sold Prices

Land registry data shows two sales for ASHCOMBE 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. Both of the two ASHCOMBE 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 1 NOV	£102,550	£210,451	51% below HPI
2003 14 FEB	£87,500	£121,961	28% below HPI

ASHCOMBE 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 ASHCOMBE sales from February 2003 and November 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 February 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2017 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might ASHCOMBE be worth now?

ASHCOMBE might now be worth an estimated £139,487.

This is based on house price inflation of 36%, between November 2017 and February 2025, for 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 36% inflationary increase is applied to the most recent sale price for ASHCOMBE of £102,550 on 1st November 2017. For the value to have increased from £102,550 to £139,487 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of ASHCOMBE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2017 sale price of £102,550 represented a fair market value for the property.
• The size, condition, and specification of ASHCOMBE has not materially changed since November 2017.

How Large is ASHCOMBE?

ASHCOMBE is 90m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Binbrook, and where ASHCOMBE lies on this distribution: 38% of detached houses houses are smaller than ASHCOMBE, and 61% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

ASHCOMBE: Plot and Title Map

ASHCOMBE sits on a plot of roughly 0.211 of an acre, or 855m². The below map shows the location of ASHCOMBE, 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 ASHCOMBE). 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 ASHCOMBE?

ASHCOMBE is located on GRIMSBY ROAD in BINBROOK, in the LN8 postcode district. The below map shows the position of ASHCOMBE on GRIMSBY ROAD.