3, CARTERS GARTH CLOSE, GRAINTHORPE, LOUTH, LN11 7HY - £44,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CARTERS GARTH CLOSE is a small extended semi-detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £178,149. It was last sold for £44,000 in July 2000, which was around 8% below the average July 2000 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was D.

3 CARTERS GARTH CLOSE Sold Prices

Land registry data shows two sales for 3 CARTERS GARTH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 3 CARTERS GARTH CLOSE 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
2000 31 JUL	£44,000	£47,654	8% below HPI
1998 9 APR	£35,500	£38,845	9% below HPI

3 CARTERS GARTH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 3 CARTERS GARTH CLOSE sales from April 1998 and July 2000 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 April 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2000 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 CARTERS GARTH CLOSE be worth now?

3 CARTERS GARTH CLOSE might now be worth an estimated £178,149.

This is based on house price inflation of 304.9%, between July 2000 and February 2025, for semi-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 304.9% inflationary increase is applied to the most recent sale price for 3 CARTERS GARTH CLOSE of £44,000 on 31st July 2000. For the value to have increased from £44,000 to £178,149 over the 25 years and five months to February 2025, the following assumptions must hold true:

• The value of 3 CARTERS GARTH CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The July 2000 sale price of £44,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CARTERS GARTH CLOSE has not materially changed since July 2000.

How Large is 3 CARTERS GARTH CLOSE?

3 CARTERS GARTH CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of semi-detached houses houses in Grainthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grainthorpe, and where 3 CARTERS GARTH CLOSE lies on this distribution: 25% of semi-detached houses houses are smaller than 3 CARTERS GARTH CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

3 CARTERS GARTH CLOSE: Plot and Title Map

3 CARTERS GARTH CLOSE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 3 CARTERS GARTH CLOSE, 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 3 CARTERS GARTH CLOSE). 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 3 CARTERS GARTH CLOSE?

3 CARTERS GARTH CLOSE is located in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of No. 3 on CARTERS GARTH CLOSE.