GLARAMARA, ALLENBY CRESCENT, FOTHERBY, LOUTH, LN11 0UJ - £147,000

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

GLARAMARA is a very small extended detached house of 58m², built sometime between 1950 and 1966. It was last sold for £147,000 in May 2008, which was around 17% below the average May 2008 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

GLARAMARA Sold Prices

Land registry data shows two sales for GLARAMARA 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 GLARAMARA 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
2008 2 MAY	£147,000	£178,069	17% below HPI
2004 10 MAR	£127,000	£149,981	15% below HPI

GLARAMARA 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 GLARAMARA sales from March 2004 and May 2008 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2008 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is GLARAMARA?

GLARAMARA is 58m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Fotherby, based on EPC data. The below chart shows the distribution of detached houses by size in Fotherby, and where GLARAMARA lies on this distribution: 2% of detached houses are smaller than GLARAMARA, and 98% of houses are larger. Note that EPC data is not available for all properties in Fotherby.

GLARAMARA: Plot and Title Map

GLARAMARA sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of GLARAMARA, 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 GLARAMARA). 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 GLARAMARA?

GLARAMARA is located on ALLENBY CRESCENT in FOTHERBY, in the LN11 postcode district. The below map shows the position of GLARAMARA on ALLENBY CRESCENT.