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
47 GRACE CRESCENT is a very small detached house of 38m², built sometime between 1967 and 1975. It was last sold for £73,000 in August 2014, which was around 58% below the average August 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 47 GRACE CRESCENT since 1st 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 47 GRACE CRESCENT 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 |
---|---|---|---|
2014 22 AUG | £73,000 | £174,797 | 58% below HPI |
2009 5 OCT | £69,995 | £165,414 | 58% below HPI |
2007 22 JUN | £84,500 | £187,546 | 55% below HPI |
2006 27 JUL | £63,000 | £180,885 | 65% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 47 GRACE CRESCENT sales between July 2006 and August 2014 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 October 2009 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the August 2014 sale, which was also at 58% below the HPI.
47 GRACE CRESCENT is 38m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Anderby Creek, based on EPC data. The below chart shows the distribution of detached houses by size in Anderby Creek, and where 47 GRACE CRESCENT lies on this distribution: 2% of detached houses are smaller than 47 GRACE CRESCENT, and 95% of houses are larger. Note that EPC data is not available for all properties in Anderby Creek.
47 GRACE CRESCENT sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 47 GRACE CRESCENT, 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 47 GRACE CRESCENT). 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.
47 GRACE CRESCENT is located in ANDERBY CREEK, in the PE24 postcode district. The below map shows the position of No. 47 on GRACE CRESCENT.