3, MEADOW CLOSE, GRIMOLDBY, LOUTH, LN11 8HY - £137,000

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.

3 MEADOW CLOSE is a small extended detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £257,722. It was last sold for £137,000 in March 2004, which was around 10% below the average March 2004 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

3 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 3 MEADOW CLOSE 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 3 MEADOW CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2004 2 MAR	£137,000	£152,166	10% below HPI
1995 10 NOV	£56,000	£55,952	Close to HPI

3 MEADOW CLOSE 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 3 MEADOW CLOSE sales from November 1995 and March 2004 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 November 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2004 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 3 MEADOW CLOSE be worth now?

3 MEADOW CLOSE might now be worth an estimated £257,722.

This is based on house price inflation of 88.1%, between March 2004 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 88.1% inflationary increase is applied to the most recent sale price for 3 MEADOW CLOSE of £137,000 on 2nd March 2004. For the value to have increased from £137,000 to £257,722 over the 21 years and one month to February 2025, the following assumptions must hold true:

• The value of 3 MEADOW CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2004 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADOW CLOSE has not materially changed since March 2004.

How Large is 3 MEADOW CLOSE?

3 MEADOW CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimoldby, and where 3 MEADOW CLOSE lies on this distribution: 40% of detached houses houses are smaller than 3 MEADOW CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

3 MEADOW CLOSE: Plot and Title Map

3 MEADOW CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 3 MEADOW 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 MEADOW 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 MEADOW CLOSE?

3 MEADOW CLOSE is located in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of No. 3 on MEADOW CLOSE.