LANTERNS, STATION ROAD, NORTH THORESBY, GRIMSBY, DN36 5QS - £435,000

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

LANTERNS is a very large extended detached house of 197m², built sometime between 1983 and 1990. It was last sold for £435,000 in November 2020, which was around 89% above the average November 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

LANTERNS Sold Prices

Land registry data shows two sales for LANTERNS 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 LANTERNS 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
2020 3 NOV	£435,000	£229,635	89% above HPI
2014 2 SEP	£340,000	£177,757	91% above HPI

LANTERNS 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 LANTERNS sales from September 2014 and November 2020 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 September 2014 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the November 2020 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is LANTERNS?

LANTERNS is 197m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in North Thoresby, based on EPC data. The below chart shows the distribution of detached houses by size in North Thoresby, and where LANTERNS lies on this distribution: 81% of detached houses are smaller than LANTERNS, and 19% of houses are larger. Note that EPC data is not available for all properties in North Thoresby.

LANTERNS: Plot and Title Map

LANTERNS sits on a plot of roughly 0.243 of an acre, or 983m². The below map shows the location of LANTERNS, 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 LANTERNS). 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 LANTERNS?

LANTERNS is located on STATION ROAD in NORTH THORESBY, in the DN36 postcode district. The below map shows the position of LANTERNS on STATION ROAD.