1, WHYALLA CLOSE, GRAINTHORPE, LOUTH, LN11 7JQ - £275,000

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 WHYALLA CLOSE is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £275,000 in February 2023, which was around 3% below the average February 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

1 WHYALLA CLOSE Sold Prices

Land registry data shows two sales for 1 WHYALLA 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 WHYALLA 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
2023 2 FEB	£275,000	£283,795	3% below HPI
2017 21 JUL	£152,000	£206,507	26% below HPI

1 WHYALLA 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 WHYALLA CLOSE sales from July 2017 and February 2023 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 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 WHYALLA CLOSE?

1 WHYALLA CLOSE is 84m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Grainthorpe, and where 1 WHYALLA CLOSE lies on this distribution: 16% of detached houses are smaller than 1 WHYALLA CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

1 WHYALLA CLOSE: Plot and Title Map

1 WHYALLA CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 1 WHYALLA 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 WHYALLA 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 WHYALLA CLOSE?

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