ELM LODGE, THORESBY ROAD, TETNEY, GRIMSBY, DN36 5JR - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ELM LODGE is a midsized detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £412,077. It was last sold for £350,000 in July 2021, which was around 44% above the average July 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was C.

ELM LODGE Sold Prices

Land registry data shows two sales for ELM LODGE 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 ELM LODGE sales were 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
2021 15 JUL	£350,000	£243,130	44% above HPI
2001 18 SEP	£137,000	£86,480	58% above HPI

ELM LODGE 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 ELM LODGE sales from September 2001 and July 2021 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 September 2001 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2021 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might ELM LODGE be worth now?

ELM LODGE might now be worth an estimated £412,077.

This is based on house price inflation of 17.7%, between July 2021 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.7% inflationary increase is applied to the most recent sale price for ELM LODGE of £350,000 on 15th July 2021. For the value to have increased from £350,000 to £412,077 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of ELM LODGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of ELM LODGE has not materially changed since July 2021.

How Large is ELM LODGE?

ELM LODGE is 148m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses houses in Tetney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tetney, and where ELM LODGE lies on this distribution: 46% of detached houses houses are smaller than ELM LODGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Tetney.

ELM LODGE: Plot and Title Map

ELM LODGE sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of ELM LODGE, 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 ELM LODGE). 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 ELM LODGE?

ELM LODGE is located on THORESBY ROAD in TETNEY, in the DN36 postcode district. The below map shows the position of ELM LODGE on THORESBY ROAD.