15, GRIMSBY ROAD, CAISTOR, MARKET RASEN, LN7 6QY - £285,000

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.

15 GRIMSBY ROAD is a very large extended detached house of 160m², built sometime before 1900, which could now be worth an estimated £316,009. It was last sold for £285,000 in June 2021, which was around 9% above the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

15 GRIMSBY ROAD Sold Prices

Land registry data shows three sales for 15 GRIMSBY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 15 GRIMSBY ROAD 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
2021 28 JUN	£285,000	£262,548	9% above HPI
2019 17 JUL	£253,000	£216,704	17% above HPI
2001 28 NOV	£95,000	£90,923	4% above HPI

15 GRIMSBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 15 GRIMSBY ROAD sales between November 2001 and June 2021 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 2019 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 15 GRIMSBY ROAD be worth now?

15 GRIMSBY ROAD might now be worth an estimated £316,009.

This is based on house price inflation of 10.9%, between June 2021 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for 15 GRIMSBY ROAD of £285,000 on 28th June 2021. For the value to have increased from £285,000 to £316,009 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 GRIMSBY ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GRIMSBY ROAD has not materially changed since June 2021.

How Large is 15 GRIMSBY ROAD?

15 GRIMSBY ROAD is 160m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caistor, and where 15 GRIMSBY ROAD lies on this distribution: 83% of detached houses houses are smaller than 15 GRIMSBY ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Caistor.

15 GRIMSBY ROAD: Plot and Title Map

15 GRIMSBY ROAD sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 15 GRIMSBY ROAD, 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 15 GRIMSBY ROAD). 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 15 GRIMSBY ROAD?

15 GRIMSBY ROAD is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 15 on GRIMSBY ROAD.