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2 bed house for sale Pegasus Spring Bank, Binbrook, LN8

Offers in excess of

£195,950

Added on 25/09/2026

Type: Bungalow
Bedrooms: 2
Bathrooms: 1
Size: £231 per sq ft
Tenure: Freehold

Council tax Band C £2,023 a year

Key features

Detached Bungalow
Quiet Wolds Village Location
Walking Distance to Amenities
Recently Redecorated Throughout & New Carpets
Entrance Hall, Lounge Diner, Kitchen
2 Double Bedrooms & Bathroom
Full central heating with Combi-Boiler (Renewed November 2022)
Generous Gardens Front & Rear
Garage & Extensive Driveway
NO ONWARD CHAIN

About this property

WELL PRESENTED DETACHED BUNGALOW

Situated in the popular Lincolnshire Wolds village of Binbrook. This recently redecorated bungalow with new carpets offers spacious accommodation comprising entrance hall, lounge diner, kitchen, 2 double bedrooms & bathroom. With gardens front & rear, garage and extensive driveway.

NO ONWARD CHAIN!

Floorplan

Council tax

Band C £2,023 a year

Per year

Band A

£1,517
Band B

£1,770
Band C

This home: £2,023
Band D

£2,276
Band E

£2,782
Band F

£3,287
Band G

£3,793
Band H

£4,552

This home is in band C, which costs £2,023 a year in East Lindsey for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across East Lindsey, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home

£231 / sq ft

Area average (sold)

£226 / sq ft

Price per area, sold homes nearby

£141 / sq ft

£231 / sq ft

£293 / sq ft

Lowest

This home

Highest

£231 per sq ft, below the middle of recent sales in LN8 (£141–£293, 10th–90th percentile, 443 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 443 homes sold in LN8 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in LN8 →

Location

Pegasus Spring Bank, Binbrook, LN8

In the Lincolnshire Wolds National Landscape, an Area of Outstanding Natural Beauty. Contains Natural England data © Natural England, Open Government Licence v3.

Open map Street View

Mortgage and stamp duty

Property price £195,950

£97k £294k

Deposit10% £20,000

£0 £196k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £175,950 mortgage. Most lenders would want a household income of about £40,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
4, Spring Bank Terraced	Terraced	Nov 2024	1,399 sq ft £100/sq ft	1,399 sq ft	£100	£140,000
7, Spring Bank Terraced	Terraced	Jan 2024	1,399 sq ft £129/sq ft	1,399 sq ft	£129	£180,000
Braybrook, Spring Bank Detached	Detached	Jun 2022	n/a	n/a	n/a	£240,000
Terrimar, Spring Bank Detached	Detached	Nov 2015	n/a	n/a	n/a	£217,500
2, Spring Bank Terraced	Terraced	Jul 2013	1,152 sq ft £57/sq ft	1,152 sq ft	£57	£66,000
Pegasus, Spring Bank Detached	Detached	Jan 2011	n/a	n/a	n/a	£82,000
1, Spring Bank Terraced	Terraced	Apr 2010	172 sq ft £784/sq ft	172 sq ft	£784	£135,000
Terrimar, Spring Bank Detached	Detached	Oct 2009	n/a	n/a	n/a	£171,000