MEADOW VIEW, MOUNT PLEASANT, BINBROOK, MARKET RASEN, LN8 6BQ - £425,000

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.

MEADOW VIEW is a very large detached house of 312m², built sometime between 1996 and 2002, which could now be worth an estimated £515,188. It was last sold for £425,000 in April 2021, which was around 80% above the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

MEADOW VIEW Sold Prices

Land registry data shows five sales for MEADOW VIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five MEADOW VIEW 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
2021 14 APR	£425,000	£236,141	80% above HPI
2016 14 DEC	£351,000	£200,244	75% above HPI
2015 26 OCT	£317,500	£192,524	65% above HPI
2004 16 FEB	£145,000	£149,960	3% below HPI
2002 19 APR	£215,000	£99,217	117% above HPI

MEADOW VIEW 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 five MEADOW VIEW sales between April 2002 and April 2021 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 December 2016 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the April 2021 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might MEADOW VIEW be worth now?

MEADOW VIEW might now be worth an estimated £515,188.

This is based on house price inflation of 21.2%, between April 2021 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 21.2% inflationary increase is applied to the most recent sale price for MEADOW VIEW of £425,000 on 14th April 2021. For the value to have increased from £425,000 to £515,188 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of MEADOW VIEW has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOW VIEW has not materially changed since April 2021.

How Large is MEADOW VIEW?

MEADOW VIEW is 312m² according to the EPC inspection conducted in March 2014. 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 MEADOW VIEW lies on this distribution: More than 99% of detached houses houses are smaller than MEADOW VIEW, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

MEADOW VIEW: Plot and Title Map

MEADOW VIEW sits on a plot of roughly 0.292 of an acre, or 1,181m². The below map shows the location of MEADOW VIEW, 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 MEADOW VIEW). 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 MEADOW VIEW?

MEADOW VIEW is located on MOUNT PLEASANT in BINBROOK, in the LN8 postcode district. The below map shows the position of MEADOW VIEW on MOUNT PLEASANT.