7, GROSVENOR ROAD, LOUTH, LN11 0BE - £175,000

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.

7 GROSVENOR ROAD is a small detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £260,599. It was last sold for £175,000 in August 2016, which was around 9% below the average August 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

7 GROSVENOR ROAD Sold Prices

Land registry data shows two sales for 7 GROSVENOR 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 GROSVENOR ROAD 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
2016 18 AUG	£175,000	£192,227	9% below HPI
2009 27 MAR	£105,000	£164,675	36% below HPI

7 GROSVENOR 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 GROSVENOR ROAD sales from March 2009 and August 2016 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 March 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 GROSVENOR ROAD be worth now?

7 GROSVENOR ROAD might now be worth an estimated £260,599.

This is based on house price inflation of 48.9%, between August 2016 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 48.9% inflationary increase is applied to the most recent sale price for 7 GROSVENOR ROAD of £175,000 on 18th August 2016. For the value to have increased from £175,000 to £260,599 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 7 GROSVENOR ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2016 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GROSVENOR ROAD has not materially changed since August 2016.

How Large is 7 GROSVENOR ROAD?

7 GROSVENOR ROAD is 97m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where 7 GROSVENOR ROAD lies on this distribution: 36% of detached houses houses are smaller than 7 GROSVENOR ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Louth.

7 GROSVENOR ROAD: Plot and Title Map

7 GROSVENOR ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 7 GROSVENOR 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 GROSVENOR 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 GROSVENOR ROAD?

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