A C# Postcode Struct with Parser

As discussed recently, I've been trying to knock together a class struct to represent a UK postcode, provide a means of parsing a string as potentially being a valid postcode (or optionally just an outer code), and split that postcode into "outer" and "inner" code.  The result of my efforts is shown below.
 

I say potentially because, as you'll know if you've looked into this topic at all, it's impossible to validate whether a string truly does represent a postcode without querying the (copyrighted and expensive-to-license) Postcode Address File.  As a result, my solution is not very stringent - it is possible to persuade it to successfully parse an invalid postcode, but hopefully there should be no occasions when a valid postcode is rejected.

The code validates strings by checking for compliance with the standards defined in BS7666, followed by checking for BFPO postcodes, and finally for a handful of notable exceptions (e.g. Girobank).  If you know of any valid postcodes that are rejected by this routine, do let me know.
 

Oh, and incidentally, this was the first time I've used Visual Studio Orcas in anger to develop anything meatier than a Hello World.  Although I wasn't exactly pushing the technological envelope, I found the IDE to be pretty fast and stable, considering it's a beta 1.

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using System;
using System.Collections.Generic;
using System.Text;
using System.Text.RegularExpressions;

namespace IanFNelson.Utilities
{
    /// <summary>
    /// Represents a United Kingdom postcode.
    /// </summary>
    /// <remarks>
    /// For more details, see http://ianfnelson.com/blog/archive/2007/05/29/PostcodeStruct.aspx
    /// </remarks>
    [Serializable()]
    public struct Postcode
    {
        private static string regexBS7666Outer = 
            "(?<outCode>[A-PR-UWYZ]" + 
            "([0-9]{1,2}|([A-HK-Y][0-9]|[A-HK-Y][0-9]([0-9]|[ABEHMNPRV-Y]))|[0-9][A-HJKS-UW]))";
        private static string regexBS7666Inner = "(?<inCode>[0-9][ABD-HJLNP-UW-Z]{2})";
        private static string regexBS7666Full = regexBS7666Outer + regexBS7666Inner;
        private static string regexBS7666OuterStandAlone = string.Concat(regexBS7666Outer + "\\s*$");
        private static string regexBfpoOuter = "(?<outCode>BFPO)";
        private static string regexBfpoInner = "(?<inCode>[0-9]{1,3})";
        private static string regexBfpoFull = regexBfpoOuter + regexBfpoInner;
        private static string regexBfpoOuterStandalone = string.Concat(regexBfpoOuter + "\\s*$");
        private static string[,] exceptionsToTheRule = 
        {
            {"GIR","0AA"},      // Girobank
            {"SAN","TA1"},      // Santa Claus
            {"ASCN","1ZZ"},     // Ascension Island
            {"BIQQ","1ZZ"},     // British Antarctic Territory
            {"BBND","1ZZ"},     // British Indian Ocean Territory
            {"FIQQ", "1ZZ"},    // Falkland Islands
            {"PCRN", "1ZZ"},    // Pitcairn Islands
            {"STHL", "1ZZ"},    // Saint Helena
            {"SIQQ", "1ZZ"},    // South Georgia and the Sandwich Islands
            {"TDCU", "1ZZ"},    // Tristan da Cunha
            {"TKCA", "1ZZ"}     // Turks and Caicos Islands
        };

        private string _outCode;
        private string _inCode;

        /// <summary>
        /// Outer portion of the Postcode
        /// </summary>
        public string OutCode
        {
            get { return _outCode; }
            private set { _outCode = value; }
        }

        /// <summary>
        /// Inner portion of the Postcode
        /// </summary>
        public string InCode
        {
            get { return _inCode; }
            private set { _inCode = value; }
        }

        /// <summary>
        /// Parses a string as a Postcode.
        /// </summary>
        /// <param name="s">String to be parsed</param>
        /// <returns>Postcode object</returns>
        /// <exception cref="FormatException">
        /// If the passed string cannot be parsed as a UK postcode
        /// </exception>
        /// <remarks>Using this overload, the inner code is not mandatory.</remarks>
        public static Postcode Parse(string s)
        {
            return Parse(s, false);
        }

        /// <summary>
        /// Parses a string as a Postcode.
        /// </summary>
        /// <param name="s">String to be parsed</param>
        /// <param name="incodeMandatory">
        /// Indicates that the string passed must include a valid inner code.
        /// </param>
        /// <returns>Postcode object</returns>
        /// <exception cref="FormatException">
        /// If the passed string cannot be parsed as a UK postcode
        /// </exception>
        public static Postcode Parse(string s, bool incodeMandatory)
        {
            Postcode p = new Postcode();
            if (TryParse(s, out p, incodeMandatory))
                return p;

            throw new FormatException();
        }

        /// <summary>
        /// Attempts to parse a string as a Postcode.
        /// </summary>
        /// <param name="s">String to be parsed</param>
        /// <param name="result">Postcode object</param>
        /// <returns>
        /// Boolean indicating whether the string was successfully parsed as a UK Postcode
        /// </returns>
        /// <remarks>Using this overload, the inner code is not mandatory.</remarks>
        public static bool TryParse(string s, out Postcode result)
        {
            return TryParse(s, out result, false);
        }

        /// <summary>
        /// Attempts to parse a string as a Postcode.
        /// </summary>
        /// <param name="s">String to be parsed</param>
        /// <param name="result">Postcode object</param>
        /// <param name="incodeMandatory">
        /// Indicates that the string passed must include a valid inner code.
        /// </param>
        /// <returns>
        /// Boolean indicating whether the string was successfully parsed as a UK Postcode
        /// </returns>
        public static bool TryParse(string s, out Postcode result, bool incodeMandatory)
        {
            // Set output to new Postcode
            result = new Postcode();

            // Copy the input before messing with it
            string input = s;

            // Guard clause - check for null or empty string
            if (string.IsNullOrEmpty(input)) return false;

            // uppercase input and strip undesirable characters
            input = Regex.Replace(input.ToUpperInvariant(), "[^A-Z0-9]", string.Empty);

            // guard clause - input is more than seven characters
            if (input.Length > 7) return false;

            #region BS7666 Matching

            // Try to match full standard postcode
            Match fullMatch = Regex.Match(input, regexBS7666Full);
            if (fullMatch.Success)
            {
                result.OutCode = fullMatch.Groups["outCode"].Value;
                result.InCode = fullMatch.Groups["inCode"].Value;
                return true;
            }

            // Try to match outer standard postcode only
            Match outerMatch = Regex.Match(input, regexBS7666OuterStandAlone);
            if (outerMatch.Success)
            {
                if (incodeMandatory) return false;

                result.OutCode = outerMatch.Groups["outCode"].Value;
                return true;
            }

            #endregion

            #region BFPO Matching

            // Try to match full BFPO postcode
            Match bfpoFullMatch = Regex.Match(input, regexBfpoFull);
            if (bfpoFullMatch.Success)
            {
                result.OutCode = bfpoFullMatch.Groups["outCode"].Value;
                result.InCode = bfpoFullMatch.Groups["inCode"].Value;
                return true;
            }

            // Try to match outer BFPO postcode
            Match bfpoOuterMatch = Regex.Match(input, regexBfpoOuterStandalone);
            if (bfpoOuterMatch.Success)
            {
                if (incodeMandatory) return false;

                result.OutCode = bfpoOuterMatch.Groups["outCode"].Value;
                return true;
            }

            #endregion

            #region Exceptions to the rule matching

            // Loop through exceptions to the rule
            for (int i = 0; i < exceptionsToTheRule.GetLength(0); i++)
            {
                // Check for a full match
                if (input == string.Concat(exceptionsToTheRule[i, 0], exceptionsToTheRule[i, 1]))
                {
                    result.OutCode = exceptionsToTheRule[i,0];
                    result.InCode = exceptionsToTheRule[i,1];
                    return true;
                }

                // Check for partial match only
                if (input == exceptionsToTheRule[i,0])
                {
                    if (incodeMandatory) return false;

                    result.OutCode = exceptionsToTheRule[i,0];
                    return true;
                }
            }

            #endregion

            return false;
        }

        /// <summary>
        /// Returns a string representation of this postcode
        /// </summary>
        /// <returns></returns>
        public override string ToString()
        {
            if (string.IsNullOrEmpty(InCode))
            {
                return OutCode;
            }
            else
            {
                return string.Concat(OutCode, " ", InCode);
            }
        }
    }
}