GRAYSWOOD LODGE, PEPPIN LANE, FOTHERBY, LOUTH, LN11 0UW - £350,000

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

GRAYSWOOD LODGE is a very large extended detached house of 205m², built sometime between 1967 and 1975. It was last sold for £350,000 in October 2010, which was around 106% above the average October 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

GRAYSWOOD LODGE Sold Prices

Land registry data shows two sales for GRAYSWOOD 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 GRAYSWOOD 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
2010 29 OCT	£350,000	£169,681	106% above HPI
1999 15 OCT	£155,000	£67,772	129% above HPI

GRAYSWOOD 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 GRAYSWOOD LODGE sales from October 1999 and October 2010 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 1999 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the October 2010 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is GRAYSWOOD LODGE?

GRAYSWOOD LODGE is 205m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the largest 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 GRAYSWOOD LODGE lies on this distribution: 92% of detached houses are smaller than GRAYSWOOD LODGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Fotherby.

GRAYSWOOD LODGE: Plot and Title Map

GRAYSWOOD LODGE sits on a plot of roughly 0.808 of an acre, or 3,271m². The below map shows the location of GRAYSWOOD 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 GRAYSWOOD 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 GRAYSWOOD LODGE?

GRAYSWOOD LODGE is located on PEPPIN LANE in FOTHERBY, in the LN11 postcode district. The below map shows the position of GRAYSWOOD LODGE on PEPPIN LANE.