18, THE MEAD, LACEBY, GRIMSBY, DN37 7BT - £160,000

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

18 THE MEAD is a small detached house of 109m², built sometime between 1991 and 1995. It was last sold for £160,000 in November 2019, which was around 18% below the average November 2019 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

18 THE MEAD Sold Prices

Land registry data shows three sales for 18 THE MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Two of the three 18 THE MEAD sales were for below the average price, whilst one was 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
2019 6 NOV	£160,000	£195,161	18% below HPI
1997 10 NOV	£103,000	£70,496	46% above HPI
1995 23 JUN	£23,500	£63,199	63% below HPI

18 THE MEAD 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 three 18 THE MEAD sales between June 1995 and November 2019 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 1997 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the November 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 18 THE MEAD?

18 THE MEAD is 109m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Laceby, based on EPC data. The below chart shows the distribution of detached houses by size in Laceby, and where 18 THE MEAD lies on this distribution: 36% of detached houses are smaller than 18 THE MEAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Laceby.

18 THE MEAD: Plot and Title Map

18 THE MEAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 18 THE MEAD, 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 THE MEAD). 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 18 THE MEAD?

18 THE MEAD is located in LACEBY, in the DN37 postcode district. The below map shows the position of No. 18 on THE MEAD.