MEADVALE, LUDBOROUGH ROAD, NORTH THORESBY, GRIMSBY, DN36 5RF - £215,000

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

MEADVALE is a very small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £215,000 in May 2021, which was around 9% below the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was F, and the potential energy rating was B.

MEADVALE Sold Prices

Land registry data shows two sales for MEADVALE 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 MEADVALE sales was for below the average price, whilst the other was 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
2021 26 MAY	£215,000	£235,278	9% below HPI
1998 11 DEC	£78,500	£66,497	18% above HPI

MEADVALE 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 MEADVALE sales from December 1998 and May 2021 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 1998 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is MEADVALE?

MEADVALE is 91m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 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 MEADVALE lies on this distribution: 17% of detached houses are smaller than MEADVALE, and 82% of houses are larger. Note that EPC data is not available for all properties in North Thoresby.

MEADVALE: Plot and Title Map

MEADVALE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of MEADVALE, 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 MEADVALE). 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 MEADVALE?

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