8, STAPES GARTH, GRAINTHORPE, LOUTH, LN11 7FD - £249,950

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

8 STAPES GARTH is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £249,950 in February 2022, which was around 6% below the average February 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

8 STAPES GARTH Sold Prices

Land registry data shows four sales for 8 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. Two of the four 8 STAPES GARTH sales were for below the average price, whilst one was 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 14 FEB	£249,950	£264,840	6% below HPI
2007 30 APR	£160,000	£186,442	14% below HPI
2004 19 MAR	£150,000	£149,981	Close to HPI
1999 15 OCT	£74,500	£67,772	10% above HPI

8 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 8 STAPES GARTH sales between October 1999 and February 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 April 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 STAPES GARTH?

8 STAPES GARTH is 85m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Grainthorpe, and where 8 STAPES GARTH lies on this distribution: 18% of detached houses are smaller than 8 STAPES GARTH, and 81% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

8 STAPES GARTH: Plot and Title Map

8 STAPES GARTH sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 8 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 8 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 8 STAPES GARTH?

8 STAPES GARTH is located in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of No. 8 on STAPES GARTH.