12, LUDBOROUGH WAY, CLEETHORPES, DN35 0TB - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 LUDBOROUGH WAY is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £251,989. It was last sold for £180,000 in November 2016, which was about the average November 2016 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

12 LUDBOROUGH WAY Sold Prices

Land registry data shows two sales for 12 LUDBOROUGH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. One of the two 12 LUDBOROUGH WAY sales was roughly equal to the average price, whilst the other was 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
2016 30 NOV	£180,000	£180,429	Close to HPI
2000 30 NOV	£59,995	£72,516	17% below HPI

12 LUDBOROUGH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 12 LUDBOROUGH WAY sales from November 2000 and November 2016 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 November 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 12 LUDBOROUGH WAY be worth now?

12 LUDBOROUGH WAY might now be worth an estimated £251,989.

This is based on house price inflation of 40%, between November 2016 and February 2025, for detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40% inflationary increase is applied to the most recent sale price for 12 LUDBOROUGH WAY of £180,000 on 30th November 2016. For the value to have increased from £180,000 to £251,989 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 LUDBOROUGH WAY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The November 2016 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LUDBOROUGH WAY has not materially changed since November 2016.

How Large is 12 LUDBOROUGH WAY?

12 LUDBOROUGH WAY is 77m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses houses in Cleethorpes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleethorpes, and where 12 LUDBOROUGH WAY lies on this distribution: 15% of detached houses houses are smaller than 12 LUDBOROUGH WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

12 LUDBOROUGH WAY: Plot and Title Map

12 LUDBOROUGH WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 12 LUDBOROUGH WAY, 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 12 LUDBOROUGH WAY). 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 12 LUDBOROUGH WAY?

12 LUDBOROUGH WAY is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 12 on LUDBOROUGH WAY.