7, LUDBOROUGH WAY, CLEETHORPES, DN35 0TB - £155,000

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 LUDBOROUGH WAY is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £155,000 in December 2013, which was around 7% below the average December 2013 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

7 LUDBOROUGH WAY Sold Prices

Land registry data shows two sales for 7 LUDBOROUGH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 7 LUDBOROUGH WAY 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
2013 9 DEC	£155,000	£165,785	7% below HPI
1998 18 DEC	£56,500	£69,131	18% below HPI

7 LUDBOROUGH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 7 LUDBOROUGH WAY sales from December 1998 and December 2013 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 December 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2013 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 LUDBOROUGH WAY?

7 LUDBOROUGH WAY is 93m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of detached houses in Cleethorpes, based on EPC data. The below chart shows the distribution of detached houses by size in Cleethorpes, and where 7 LUDBOROUGH WAY lies on this distribution: 36% of detached houses are smaller than 7 LUDBOROUGH WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

7 LUDBOROUGH WAY: Plot and Title Map

7 LUDBOROUGH WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 7 LUDBOROUGH WAY, 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 LUDBOROUGH WAY). 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 LUDBOROUGH WAY?

7 LUDBOROUGH WAY is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 7 on LUDBOROUGH WAY.