7, GRIMSBY ROAD, LOUTH, LN11 0ED - £615,000

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

7 GRIMSBY ROAD is a very large extended detached house of 254m², built sometime between 1900 and 1929. It was last sold for £615,000 in October 2022, which was around 120% above the average October 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

7 GRIMSBY ROAD Sold Prices

Land registry data shows two sales for 7 GRIMSBY ROAD 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. Both of the two 7 GRIMSBY ROAD sales were for above 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
2022 20 OCT	£615,000	£279,885	120% above HPI
2001 4 JUL	£178,000	£80,837	120% above HPI

7 GRIMSBY ROAD 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 7 GRIMSBY ROAD sales from July 2001 and October 2022 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 July 2001 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the October 2022 sale, which was also at 120% above the HPI.

How Large is 7 GRIMSBY ROAD?

7 GRIMSBY ROAD is 254m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 7 GRIMSBY ROAD lies on this distribution: 97% of detached houses are smaller than 7 GRIMSBY ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Louth.

7 GRIMSBY ROAD: Plot and Title Map

7 GRIMSBY ROAD sits on a plot of roughly 0.400 of an acre, or 1,617m². The below map shows the location of 7 GRIMSBY ROAD, 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 7 GRIMSBY ROAD). 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 7 GRIMSBY ROAD?

7 GRIMSBY ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 7 on GRIMSBY ROAD.