GREENACRES, PEPPIN LANE, FOTHERBY, LOUTH, LN11 0UW - £475,000

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

GREENACRES is a very large detached house of 202m², built sometime between 1967 and 1975. It was last sold for £475,000 in October 2019, which was around 111% above the average October 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES 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 GREENACRES 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
2019 11 OCT	£475,000	£224,931	111% above HPI
2017 8 DEC	£475,000	£208,598	128% above HPI

GREENACRES 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 GREENACRES sales from December 2017 and October 2019 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 December 2017 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the October 2019 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

How Large is GREENACRES?

GREENACRES is 202m² according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in Fotherby, based on EPC data. The below chart shows the distribution of detached houses by size in Fotherby, and where GREENACRES lies on this distribution: 89% of detached houses are smaller than GREENACRES, and 11% of houses are larger. Note that EPC data is not available for all properties in Fotherby.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.347 of an acre, or 1,404m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

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