HIGHFIELD, KIRMOND ROAD, BINBROOK, MARKET RASEN, LN8 6DS - £300,000

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.

HIGHFIELD is a very large extended detached house of 175m², built sometime between 1976 and 1982, which could now be worth an estimated £382,208. It was last sold for £300,000 in September 2019, which was around 34% above the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was A.

HIGHFIELD Sold Prices

Land registry data shows two sales for HIGHFIELD 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 HIGHFIELD 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
2019 18 SEP	£300,000	£224,683	34% above HPI
2006 18 AUG	£220,000	£179,551	23% above HPI

HIGHFIELD 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 HIGHFIELD sales from August 2006 and September 2019 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 August 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might HIGHFIELD be worth now?

HIGHFIELD might now be worth an estimated £382,208.

This is based on house price inflation of 27.4%, between September 2019 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 27.4% inflationary increase is applied to the most recent sale price for HIGHFIELD of £300,000 on 18th September 2019. For the value to have increased from £300,000 to £382,208 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of HIGHFIELD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2019 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHFIELD has not materially changed since September 2019.

How Large is HIGHFIELD?

HIGHFIELD is 175m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% 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 HIGHFIELD lies on this distribution: 92% of detached houses houses are smaller than HIGHFIELD, and 8% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

HIGHFIELD: Plot and Title Map

HIGHFIELD sits on a plot of roughly 0.570 of an acre, or 2,307m². The below map shows the location of HIGHFIELD, 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 HIGHFIELD). 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 HIGHFIELD?

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