OPEL HOUSE, MANBY MIDDLEGATE, GRIMOLDBY, LOUTH, LN11 8SU - £254,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OPEL HOUSE is a midsized detached house of 133m², which could now be worth an estimated £313,301. It was last sold for £254,995 in November 2020, which was around 9% above the average November 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was B.

OPEL HOUSE Sold Prices

Land registry data shows two sales for OPEL 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 OPEL 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
2020 17 NOV	£254,995	£232,980	9% above HPI
2018 16 APR	£750,000	£208,219	260% above HPI

OPEL 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 OPEL HOUSE sales from April 2018 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 April 2018 sale was for 260% above the HPI. So the extrapolation line tracks at 260% above the HPI over time, until the November 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might OPEL HOUSE be worth now?

OPEL HOUSE might now be worth an estimated £313,301.

This is based on house price inflation of 22.9%, between November 2020 and February 2025, 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 22.9% inflationary increase is applied to the most recent sale price for OPEL HOUSE of £254,995 on 17th November 2020. For the value to have increased from £254,995 to £313,301 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of OPEL HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2020 sale price of £254,995 represented a fair market value for the property.
• The size, condition, and specification of OPEL HOUSE has not materially changed since November 2020.

How Large is OPEL HOUSE?

OPEL HOUSE is 133m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimoldby, and where OPEL HOUSE lies on this distribution: 58% of detached houses houses are smaller than OPEL HOUSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

OPEL HOUSE: Plot and Title Map

OPEL HOUSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of OPEL 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 OPEL 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 OPEL HOUSE?

OPEL HOUSE is located on MANBY MIDDLEGATE in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of OPEL HOUSE on MANBY MIDDLEGATE.