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
18 STATION ROAD is a large extended detached house of 205m², built sometime between 1967 and 1975. It was last sold for £427,500 in July 2023, which was around 56% above the average July 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 18 STATION ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 18 STATION 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 |
---|---|---|---|
2023 28 JUL | £427,500 | £273,796 | 56% above HPI |
1998 7 DEC | £100,000 | £67,556 | 48% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 18 STATION ROAD sales from December 1998 and July 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 December 1998 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2023 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.
18 STATION ROAD is 205m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses in Grasby, based on EPC data. The below chart shows the distribution of detached houses by size in Grasby, and where 18 STATION ROAD lies on this distribution: 69% of detached houses are smaller than 18 STATION ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Grasby.
18 STATION ROAD sits on a plot of roughly 0.297 of an acre, or 1,203m². The below map shows the location of 18 STATION 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 18 STATION 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.
18 STATION ROAD is located in GRASBY, in the DN38 postcode district. The below map shows the position of No. 18 on STATION ROAD.