COLRENE, TINKLE STREET, GRIMOLDBY, LOUTH, LN11 8SW - £138,000

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

COLRENE is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £138,000 in September 2013, which was around 17% below the average September 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

COLRENE Sold Prices

Land registry data shows two sales for COLRENE 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 COLRENE 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 23 SEP	£138,000	£167,068	17% below HPI
1995 31 OCT	£35,000	£54,380	36% below HPI

COLRENE 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 COLRENE sales from October 1995 and September 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 October 1995 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is COLRENE?

COLRENE is 92m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimoldby, and where COLRENE lies on this distribution: 26% of detached houses are smaller than COLRENE, and 74% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

COLRENE: Plot and Title Map

COLRENE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of COLRENE, 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 COLRENE). 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 COLRENE?

COLRENE is located on TINKLE STREET in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of COLRENE on TINKLE STREET.