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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

TREGONEY is a very small detached house of 41m², built sometime between 1967 and 1975. It was last sold for £139,000 in October 2015, which was around 27% 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	£189,759	27% below HPI
2006 7 NOV	£158,000	£176,362	10% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

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 in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where TREGONEY lies on this distribution: Less than 1% of detached 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.