27, PENROSE PLACE, MANBY, LOUTH, LN11 8DZ - £260,000

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.

27 PENROSE PLACE is a small detached house of 109m², which could now be worth an estimated £266,210. It was last sold for £260,000 in October 2023, which was around 7% below the average October 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

27 PENROSE PLACE Sold Prices

Land registry data shows two sales for 27 PENROSE PLACE 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. One of the two 27 PENROSE PLACE sales was for below the average price, whilst the other 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
2023 10 OCT	£260,000	£279,574	7% below HPI
2018 31 AUG	£234,995	£221,643	6% above HPI

27 PENROSE PLACE 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 27 PENROSE PLACE sales from August 2018 and October 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 August 2018 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 27 PENROSE PLACE be worth now?

27 PENROSE PLACE might now be worth an estimated £266,210.

This is based on house price inflation of 2.4%, between October 2023 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 2.4% inflationary increase is applied to the most recent sale price for 27 PENROSE PLACE of £260,000 on 10th October 2023. For the value to have increased from £260,000 to £266,210 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 27 PENROSE PLACE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 27 PENROSE PLACE has not materially changed since October 2023.

How Large is 27 PENROSE PLACE?

27 PENROSE PLACE is 109m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses houses in Manby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manby, and where 27 PENROSE PLACE lies on this distribution: 30% of detached houses houses are smaller than 27 PENROSE PLACE, and 65% of houses are larger. Note that EPC data is not available for all properties in Manby.

27 PENROSE PLACE: Plot and Title Map

27 PENROSE PLACE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 27 PENROSE PLACE, 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 27 PENROSE PLACE). 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 27 PENROSE PLACE?

27 PENROSE PLACE is located in MANBY, in the LN11 postcode district. The below map shows the position of No. 27 on PENROSE PLACE.