BELLEAU LODGE, NEWTON LANE, BINBROOK, MARKET RASEN, LN8 6FL - £462,050

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

BELLEAU LODGE is a large detached house of 129m², built sometime between 1976 and 1982. It was last sold for £462,050 in February 2023, which was around 63% above the average February 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

BELLEAU LODGE Sold Prices

Land registry data shows three sales for BELLEAU LODGE 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 BELLEAU LODGE sales were 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
2023 3 FEB	£462,050	£283,795	63% above HPI
2011 21 OCT	£270,000	£165,645	63% above HPI
2007 27 FEB	£264,500	£180,905	46% above HPI

BELLEAU LODGE 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 BELLEAU LODGE sales between February 2007 and February 2023 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 2011 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the February 2023 sale, which was also at 63% above the HPI.

How Large is BELLEAU LODGE?

BELLEAU LODGE is 129m² according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where BELLEAU LODGE lies on this distribution: 72% of detached houses are smaller than BELLEAU LODGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

BELLEAU LODGE: Plot and Title Map

BELLEAU LODGE sits on a plot of roughly 0.305 of an acre, or 1,234m². The below map shows the location of BELLEAU LODGE, 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 BELLEAU LODGE). 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 BELLEAU LODGE?

BELLEAU LODGE is located on NEWTON LANE in BINBROOK, in the LN8 postcode district. The below map shows the position of BELLEAU LODGE on NEWTON LANE.