GREENWAYS, BUTT LANE, GOULCEBY, LOUTH, LN11 9UP - £212,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GREENWAYS is a very small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £212,500 in August 2016, which was around 12% above the average August 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

GREENWAYS Sold Prices

Land registry data shows two sales for GREENWAYS 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. One of the two GREENWAYS sales was for above the average price, whilst the other was 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
2016 3 AUG	£212,500	£189,466	12% above HPI
2000 24 JUL	£72,500	£75,156	4% below HPI

GREENWAYS 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 GREENWAYS sales from July 2000 and August 2016 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 July 2000 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is GREENWAYS?

GREENWAYS is 86m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Goulceby, based on EPC data. The below chart shows the distribution of detached houses by size in Goulceby, and where GREENWAYS lies on this distribution: 7% of detached houses are smaller than GREENWAYS, and 93% of houses are larger. Note that EPC data is not available for all properties in Goulceby.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

GREENWAYS is located on BUTT LANE in GOULCEBY, in the LN11 postcode district. The below map shows the position of GREENWAYS on BUTT LANE.