SUNNYSIDE COTTAGE, LUDFORD ROAD, BINBROOK, MARKET RASEN, LN8 6DR - £395,000

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.

SUNNYSIDE COTTAGE is a very large extended detached house of 147m², built sometime before 1900, which could now be worth an estimated £443,184. It was last sold for £395,000 in October 2021, which was around 55% above the average October 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

SUNNYSIDE COTTAGE Sold Prices

Land registry data shows four sales for SUNNYSIDE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four SUNNYSIDE COTTAGE 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 20 OCT	£395,000	£255,130	55% above HPI
2015 28 JUL	£231,000	£184,584	25% above HPI
1998 16 SEP	£94,000	£66,334	42% above HPI
1996 30 AUG	£90,000	£58,639	53% above HPI

SUNNYSIDE 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 four SUNNYSIDE COTTAGE sales between August 1996 and October 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 July 2015 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might SUNNYSIDE COTTAGE be worth now?

SUNNYSIDE COTTAGE might now be worth an estimated £443,184.

This is based on house price inflation of 12.2%, between October 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 12.2% inflationary increase is applied to the most recent sale price for SUNNYSIDE COTTAGE of £395,000 on 20th October 2021. For the value to have increased from £395,000 to £443,184 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of SUNNYSIDE COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2021 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of SUNNYSIDE COTTAGE has not materially changed since October 2021.

How Large is SUNNYSIDE COTTAGE?

SUNNYSIDE COTTAGE is 147m², which includes four extensions, according to the EPC inspection conducted in February 2015. 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 SUNNYSIDE COTTAGE lies on this distribution: 83% of detached houses houses are smaller than SUNNYSIDE COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

SUNNYSIDE COTTAGE: Plot and Title Map

SUNNYSIDE COTTAGE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of SUNNYSIDE 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 SUNNYSIDE 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 SUNNYSIDE COTTAGE?

SUNNYSIDE COTTAGE is located on LUDFORD ROAD in BINBROOK, in the LN8 postcode district. The below map shows the position of SUNNYSIDE COTTAGE on LUDFORD ROAD.