1, STAPES GARTH, GRAINTHORPE, LOUTH, LN11 7FD - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 STAPES GARTH is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £363,833. It was last sold for £275,000 in February 2020, which was around 28% above the average February 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

1 STAPES GARTH Sold Prices

Land registry data shows four sales for 1 STAPES GARTH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 1 STAPES GARTH sales were 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
2020 18 FEB	£275,000	£215,333	28% above HPI
2013 17 MAY	£200,000	£173,106	16% above HPI
2007 7 DEC	£148,000	£190,084	22% below HPI
1999 10 JUN	£68,500	£67,496	1% above HPI

1 STAPES GARTH 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 four 1 STAPES GARTH sales between June 1999 and February 2020 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 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 1 STAPES GARTH be worth now?

1 STAPES GARTH might now be worth an estimated £363,833.

This is based on house price inflation of 32.3%, between February 2020 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.3% inflationary increase is applied to the most recent sale price for 1 STAPES GARTH of £275,000 on 18th February 2020. For the value to have increased from £275,000 to £363,833 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 1 STAPES GARTH has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1 STAPES GARTH has not materially changed since February 2020.

How Large is 1 STAPES GARTH?

1 STAPES GARTH is 78m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses houses in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grainthorpe, and where 1 STAPES GARTH lies on this distribution: 10% of detached houses houses are smaller than 1 STAPES GARTH, and 90% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

1 STAPES GARTH: Plot and Title Map

1 STAPES GARTH sits on a plot of roughly 0.206 of an acre, or 833m². The below map shows the location of 1 STAPES GARTH, 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 STAPES GARTH). 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 STAPES GARTH?

1 STAPES GARTH is located in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of No. 1 on STAPES GARTH.