24, THE MEADOWS, TRUSTHORPE, MABLETHORPE, LN12 2QP - £179,950

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.

24 THE MEADOWS is a small extended detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £228,072. It was last sold for £179,950 in September 2020, which was around 20% below the average September 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

24 THE MEADOWS Sold Prices

Land registry data shows four sales for 24 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 24 THE MEADOWS sales were for below 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
2020 11 SEP	£179,950	£225,854	20% below HPI
2018 31 MAY	£165,000	£212,070	22% below HPI
2011 25 OCT	£95,000	£168,059	43% below HPI
1996 1 NOV	£36,550	£58,264	37% below HPI

24 THE MEADOWS 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 four 24 THE MEADOWS sales between November 1996 and September 2020 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 May 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 24 THE MEADOWS be worth now?

24 THE MEADOWS might now be worth an estimated £228,072.

This is based on house price inflation of 26.7%, between September 2020 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.7% inflationary increase is applied to the most recent sale price for 24 THE MEADOWS of £179,950 on 11th September 2020. For the value to have increased from £179,950 to £228,072 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 THE MEADOWS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2020 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 24 THE MEADOWS has not materially changed since September 2020.

How Large is 24 THE MEADOWS?

24 THE MEADOWS is 76m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of detached houses houses in Trusthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trusthorpe, and where 24 THE MEADOWS lies on this distribution: 26% of detached houses houses are smaller than 24 THE MEADOWS, and 74% of houses are larger. Note that EPC data is not available for all properties in Trusthorpe.

24 THE MEADOWS: Plot and Title Map

24 THE MEADOWS sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 24 THE MEADOWS, 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 THE MEADOWS). 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 THE MEADOWS?

24 THE MEADOWS is located in TRUSTHORPE, in the LN12 postcode district. The below map shows the position of No. 24 on THE MEADOWS.