ASHGROVE, CANBERRA CRESCENT, MANBY, LOUTH, LN11 8TU - £220,000

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

ASHGROVE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £220,000 in May 2023, which was around 19% below the average May 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

ASHGROVE Sold Prices

Land registry data shows four sales for ASHGROVE 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 ASHGROVE 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 10 MAY	£220,000	£271,486	19% below HPI
2012 1 MAR	£149,950	£158,319	5% below HPI
2007 14 AUG	£160,000	£192,296	17% below HPI
2000 17 AUG	£73,000	£75,614	3% below HPI

ASHGROVE 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 ASHGROVE sales between August 2000 and May 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 March 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is ASHGROVE?

ASHGROVE is 73m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Manby, based on EPC data. The below chart shows the distribution of detached houses by size in Manby, and where ASHGROVE lies on this distribution: 4% of detached houses are smaller than ASHGROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Manby.

ASHGROVE: Plot and Title Map

ASHGROVE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of ASHGROVE, 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 ASHGROVE). 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 ASHGROVE?

ASHGROVE is located on CANBERRA CRESCENT in MANBY, in the LN11 postcode district. The below map shows the position of ASHGROVE on CANBERRA CRESCENT.