3, GROSVENOR MEWS, WASHINGBOROUGH, LINCOLN, LN4 1ED - £159,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 GROSVENOR MEWS is a very small extended semi-detached house of 86m², built sometime between 1976 and 1982. It was last sold for £159,950 in August 2015, which was around 23% below the average August 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

3 GROSVENOR MEWS Sold Prices

Land registry data shows three sales for 3 GROSVENOR MEWS 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 Kesteven local authority area for the corresponding sale date. All of the three 3 GROSVENOR MEWS 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
2015 28 AUG	£159,950	£208,390	23% below HPI
2008 5 DEC	£139,000	£174,212	20% below HPI
2006 1 MAR	£135,000	£173,728	22% below HPI

3 GROSVENOR MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 3 GROSVENOR MEWS sales between March 2006 and August 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 December 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 GROSVENOR MEWS?

3 GROSVENOR MEWS is 86m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Washingborough, and where 3 GROSVENOR MEWS lies on this distribution: 17% of detached houses are smaller than 3 GROSVENOR MEWS, and 82% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

3 GROSVENOR MEWS: Plot and Title Map

3 GROSVENOR MEWS sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 GROSVENOR MEWS, 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 GROSVENOR MEWS). 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 GROSVENOR MEWS?

3 GROSVENOR MEWS is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 3 on GROSVENOR MEWS.