PRIMROSE COTTAGE, NORTH HALLS, BINBROOK, MARKET RASEN, LN8 6DQ - £210,000

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.

PRIMROSE COTTAGE is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £281,309. It was last sold for £210,000 in June 2018, which was around 2% below the average June 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

PRIMROSE COTTAGE Sold Prices

Land registry data shows two sales for PRIMROSE COTTAGE 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 PRIMROSE COTTAGE 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
2018 6 JUN	£210,000	£213,690	2% below HPI
2000 17 MAR	£59,500	£73,262	19% below HPI

PRIMROSE COTTAGE 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 PRIMROSE COTTAGE sales from March 2000 and June 2018 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 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might PRIMROSE COTTAGE be worth now?

PRIMROSE COTTAGE might now be worth an estimated £281,309.

This is based on house price inflation of 34%, between June 2018 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 34% inflationary increase is applied to the most recent sale price for PRIMROSE COTTAGE of £210,000 on 6th June 2018. For the value to have increased from £210,000 to £281,309 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of PRIMROSE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2018 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of PRIMROSE COTTAGE has not materially changed since June 2018.

How Large is PRIMROSE COTTAGE?

PRIMROSE COTTAGE is 70m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 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 PRIMROSE COTTAGE lies on this distribution: 8% of detached houses houses are smaller than PRIMROSE COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

PRIMROSE COTTAGE: Plot and Title Map

PRIMROSE COTTAGE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of PRIMROSE COTTAGE, 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 PRIMROSE COTTAGE). 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 PRIMROSE COTTAGE?

PRIMROSE COTTAGE is located on NORTH HALLS in BINBROOK, in the LN8 postcode district. The below map shows the position of PRIMROSE COTTAGE on NORTH HALLS.