TREGONEY, ORFORD ROAD, BINBROOK, MARKET RASEN, LN8 6DU - £139,000

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.

TREGONEY is a very small detached house of 41m², built sometime between 1967 and 1975, which could now be worth an estimated £206,670. It was last sold for £139,000 in October 2015, which was around 28% below the average October 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

TREGONEY Sold Prices

Land registry data shows two sales for TREGONEY 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 TREGONEY 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
2015 2 OCT	£139,000	£192,524	28% below HPI
2006 7 NOV	£158,000	£178,932	12% below HPI

TREGONEY 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 TREGONEY sales from November 2006 and October 2015 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 November 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might TREGONEY be worth now?

TREGONEY might now be worth an estimated £206,670.

This is based on house price inflation of 48.7%, between October 2015 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 48.7% inflationary increase is applied to the most recent sale price for TREGONEY of £139,000 on 2nd October 2015. For the value to have increased from £139,000 to £206,670 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of TREGONEY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2015 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of TREGONEY has not materially changed since October 2015.

How Large is TREGONEY?

TREGONEY is 41m² according to the EPC inspection conducted in September 2014. 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 TREGONEY lies on this distribution: Less than 1% of detached houses houses are smaller than TREGONEY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

TREGONEY: Plot and Title Map

TREGONEY sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of TREGONEY, 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 TREGONEY). 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 TREGONEY?

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