5, STAPES GARTH, GRAINTHORPE, LOUTH, LN11 7FD - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 STAPES GARTH is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £255,000 in February 2023, which was around 10% below the average February 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

5 STAPES GARTH Sold Prices

Land registry data shows four sales for 5 STAPES GARTH since 1^st 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 5 STAPES GARTH 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
2023 28 FEB	£255,000	£283,795	10% below HPI
2008 17 OCT	£139,000	£174,297	20% below HPI
2003 16 MAY	£99,500	£127,898	22% below HPI
2001 30 OCT	£72,000	£88,982	19% below HPI

5 STAPES GARTH 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 four 5 STAPES GARTH sales between October 2001 and February 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 October 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 STAPES GARTH?

5 STAPES GARTH is 69m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Grainthorpe, and where 5 STAPES GARTH lies on this distribution: 4% of detached houses are smaller than 5 STAPES GARTH, and 95% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

5 STAPES GARTH: Plot and Title Map

5 STAPES GARTH sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 5 STAPES GARTH, 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 5 STAPES GARTH). 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 5 STAPES GARTH?

5 STAPES GARTH is located in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of No. 5 on STAPES GARTH.