12, MEADOW CLOSE, GRIMOLDBY, LOUTH, LN11 8HY - £245,000

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

12 MEADOW CLOSE is a large detached house of 154m², built sometime between 1991 and 1995. It was last sold for £245,000 in August 2012, which was around 49% above the average August 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

12 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 12 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 12 MEADOW CLOSE 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
2012 10 AUG	£245,000	£164,970	49% above HPI
1999 15 NOV	£114,000	£69,337	64% above HPI

12 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 12 MEADOW CLOSE sales from November 1999 and August 2012 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 1999 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the August 2012 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 12 MEADOW CLOSE?

12 MEADOW CLOSE is 154m² according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimoldby, and where 12 MEADOW CLOSE lies on this distribution: 78% of detached houses are smaller than 12 MEADOW CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

12 MEADOW CLOSE: Plot and Title Map

12 MEADOW CLOSE sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of 12 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 12 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 12 MEADOW CLOSE?

12 MEADOW CLOSE is located in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of No. 12 on MEADOW CLOSE.