24, GROVE DRIVE, WOODHALL SPA, LN10 6RT - £395,000

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

24 GROVE DRIVE is a very large extended detached house of 180m², built sometime between 1983 and 1990. It was last sold for £395,000 in March 2015, which was around 126% above the average March 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

24 GROVE DRIVE Sold Prices

Land registry data shows two sales for 24 GROVE DRIVE 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 24 GROVE DRIVE 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
2015 4 MAR	£395,000	£174,460	126% above HPI
2010 5 MAR	£305,000	£168,985	80% above HPI

24 GROVE DRIVE 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 24 GROVE DRIVE sales from March 2010 and March 2015 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 March 2010 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2015 sale, where it rises to 126% above the HPI. The line then continues to track at 126% above the HPI.

How Large is 24 GROVE DRIVE?

24 GROVE DRIVE is 180m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where 24 GROVE DRIVE lies on this distribution: 84% of detached houses are smaller than 24 GROVE DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

24 GROVE DRIVE: Plot and Title Map

24 GROVE DRIVE sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of 24 GROVE DRIVE, 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 24 GROVE DRIVE). 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 24 GROVE DRIVE?

24 GROVE DRIVE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 24 on GROVE DRIVE.