FAYRELANDS, SEA DYKE WAY, MARSHCHAPEL, GRIMSBY, DN36 5SX - £155,000

FAYRELANDS is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £155,000 in January 2017, which was around 22% below the average January 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

FAYRELANDS Sold Prices

Land registry data shows two sales for FAYRELANDS 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. One of the two FAYRELANDS sales was for below the average price, whilst the other was 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
2017 16 JAN	£155,000	£198,825	22% below HPI
1995 26 JUL	£73,000	£54,259	35% above HPI

FAYRELANDS 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 FAYRELANDS sales from July 1995 and January 2017 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 1995 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is FAYRELANDS?

FAYRELANDS is 90m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses in Marshchapel, based on EPC data. The below chart shows the distribution of detached houses by size in Marshchapel, and where FAYRELANDS lies on this distribution: 27% of detached houses are smaller than FAYRELANDS, and 73% of houses are larger. Note that EPC data is not available for all properties in Marshchapel.

FAYRELANDS: Plot and Title Map

FAYRELANDS sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of FAYRELANDS, 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 FAYRELANDS). 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 FAYRELANDS?

FAYRELANDS is located on SEA DYKE WAY in MARSHCHAPEL, in the DN36 postcode district. The below map shows the position of FAYRELANDS on SEA DYKE WAY.