SCALLYWAGS, GRIMSBY ROAD, BINBROOK, MARKET RASEN, LN8 6DH - £386,950

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.

SCALLYWAGS is a large detached house of 144m², built sometime between 1983 and 1990, which could now be worth an estimated £396,009. It was last sold for £386,950 in August 2022, which was around 38% above the average August 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

SCALLYWAGS Sold Prices

Land registry data shows three sales for SCALLYWAGS 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 SCALLYWAGS 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
2022 25 AUG	£386,950	£279,704	38% above HPI
2013 29 OCT	£177,500	£172,648	3% above HPI
2007 11 JUL	£240,000	£193,413	24% above HPI

SCALLYWAGS 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 SCALLYWAGS sales between July 2007 and August 2022 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 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might SCALLYWAGS be worth now?

SCALLYWAGS might now be worth an estimated £396,009.

This is based on house price inflation of 2.3%, between August 2022 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 2.3% inflationary increase is applied to the most recent sale price for SCALLYWAGS of £386,950 on 25th August 2022. For the value to have increased from £386,950 to £396,009 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of SCALLYWAGS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2022 sale price of £386,950 represented a fair market value for the property.
• The size, condition, and specification of SCALLYWAGS has not materially changed since August 2022.

How Large is SCALLYWAGS?

SCALLYWAGS is 144m² according to the EPC inspection conducted in June 2014. This puts it in the largest 20% 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 SCALLYWAGS lies on this distribution: 80% of detached houses houses are smaller than SCALLYWAGS, and 19% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

SCALLYWAGS: Plot and Title Map

SCALLYWAGS sits on a plot of roughly 0.243 of an acre, or 982m². The below map shows the location of SCALLYWAGS, 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 SCALLYWAGS). 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 SCALLYWAGS?

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