BRILEY COTTAGE, SPINNEY CLOSE, GRIMOLDBY, LOUTH, LN11 8SY - £100,000

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

BRILEY COTTAGE is a midsized extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £100,000 in April 2018, which was around 51% below the average April 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

BRILEY COTTAGE Sold Prices

Land registry data shows four sales for BRILEY COTTAGE 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. Most of the four BRILEY COTTAGE 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
2018 19 APR	£100,000	£205,229	51% below HPI
2015 29 APR	£190,000	£176,599	8% above HPI
2006 25 OCT	£175,000	£176,185	1% below HPI
2004 16 FEB	£120,000	£147,806	19% below HPI

BRILEY COTTAGE 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 BRILEY COTTAGE sales between February 2004 and April 2018 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2018 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is BRILEY COTTAGE?

BRILEY COTTAGE is 107m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimoldby, and where BRILEY COTTAGE lies on this distribution: 42% of detached houses are smaller than BRILEY COTTAGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

BRILEY COTTAGE: Plot and Title Map

BRILEY COTTAGE sits on a plot of roughly 0.167 of an acre, or 678m². The below map shows the location of BRILEY COTTAGE, 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 BRILEY COTTAGE). 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 BRILEY COTTAGE?

BRILEY COTTAGE is located on SPINNEY CLOSE in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of BRILEY COTTAGE on SPINNEY CLOSE.