JASMINE HOUSE, POORS END, GRAINTHORPE, LOUTH, LN11 7JB - £85,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

JASMINE HOUSE is a very small extended detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £226,259. It was last sold for £85,000 in August 2002, which was around 21% below the average August 2002 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

JASMINE HOUSE Sold Prices

Land registry data shows two sales for JASMINE HOUSE 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 JASMINE HOUSE 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
2002 5 AUG	£85,000	£107,027	21% below HPI
1999 29 OCT	£55,000	£68,759	20% below HPI

JASMINE 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 two JASMINE HOUSE sales from October 1999 and August 2002 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2002 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might JASMINE HOUSE be worth now?

JASMINE HOUSE might now be worth an estimated £226,259.

This is based on house price inflation of 166.2%, between August 2002 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 166.2% inflationary increase is applied to the most recent sale price for JASMINE HOUSE of £85,000 on 5th August 2002. For the value to have increased from £85,000 to £226,259 over the 21 years and eight months to December 2024, the following assumptions must hold true:

• The value of JASMINE HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2002 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of JASMINE HOUSE has not materially changed since August 2002.

How Large is JASMINE HOUSE?

JASMINE HOUSE is 75m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses houses in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grainthorpe, and where JASMINE HOUSE lies on this distribution: 9% of detached houses houses are smaller than JASMINE HOUSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

JASMINE HOUSE: Plot and Title Map

JASMINE HOUSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of JASMINE 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 JASMINE 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 JASMINE HOUSE?

JASMINE HOUSE is located on POORS END in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of JASMINE HOUSE on POORS END.