GROSVENOR HOUSE, KEELING STREET, NORTH SOMERCOTES, LOUTH, LN11 7QT - £242,500

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

GROSVENOR HOUSE is a very large extended detached house of 190m², built sometime between 1950 and 1966. It was last sold for £242,500 in November 2011, which was around 47% above the average November 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

GROSVENOR HOUSE Sold Prices

Land registry data shows four sales for GROSVENOR HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four GROSVENOR HOUSE 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
2011 24 NOV	£242,500	£164,467	47% above HPI
2010 4 MAR	£270,000	£168,985	60% above HPI
2004 21 MAY	£250,000	£155,981	60% above HPI
2000 28 JAN	£42,000	£72,598	42% below HPI

GROSVENOR HOUSE 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 four GROSVENOR HOUSE sales between January 2000 and November 2011 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 2010 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2011 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is GROSVENOR HOUSE?

GROSVENOR HOUSE is 190m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in North Somercotes, and where GROSVENOR HOUSE lies on this distribution: 90% of detached houses are smaller than GROSVENOR HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

GROSVENOR HOUSE: Plot and Title Map

GROSVENOR HOUSE sits on a plot of roughly 0.270 of an acre, or 1,093m². The below map shows the location of GROSVENOR HOUSE, 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 GROSVENOR HOUSE). 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 GROSVENOR HOUSE?

GROSVENOR HOUSE is located on KEELING STREET in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of GROSVENOR HOUSE on KEELING STREET.