1, MEADOW CLOSE, GRIMOLDBY, LOUTH, LN11 8HY - £131,000

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

1 MEADOW CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £131,000 in March 2013, which was around 19% below the average March 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

1 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 1 MEADOW CLOSE 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 1 MEADOW CLOSE 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
2013 19 MAR	£131,000	£161,323	19% below HPI
2005 24 MAY	£142,500	£171,373	17% below HPI

1 MEADOW CLOSE 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 1 MEADOW CLOSE sales from May 2005 and March 2013 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 May 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 MEADOW CLOSE?

1 MEADOW CLOSE is 73m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimoldby, and where 1 MEADOW CLOSE lies on this distribution: 8% of detached houses are smaller than 1 MEADOW CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

1 MEADOW CLOSE: Plot and Title Map

1 MEADOW CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 MEADOW CLOSE, 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 1 MEADOW CLOSE). 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 1 MEADOW CLOSE?

1 MEADOW CLOSE is located in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of No. 1 on MEADOW CLOSE.