PEAR TREE COTTAGE, MAIN ROAD, GRAINTHORPE, LOUTH, LN11 7JS - £303,500

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

PEAR TREE COTTAGE is a very large extended semi-detached house of 172m², built sometime before 1900, which could now be worth an estimated £489,878. It was last sold for £303,500 in October 2005, which was around 154% above the average October 2005 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

PEAR TREE COTTAGE Sold Prices

Land registry data shows three sales for PEAR TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. One of the three PEAR TREE COTTAGE sales was for above the average price, whilst two 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
2005 31 OCT	£303,500	£119,335	154% above HPI
2001 29 MAR	£35,000	£48,120	27% below HPI
2000 9 FEB	£30,000	£46,554	36% below HPI

PEAR TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three PEAR TREE COTTAGE sales between February 2000 and October 2005 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 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2005 sale, where it rises to 154% above the HPI. The line then continues to track at 154% above the HPI.

What might PEAR TREE COTTAGE be worth now?

PEAR TREE COTTAGE might now be worth an estimated £489,878.

This is based on house price inflation of 61.4%, between October 2005 and December 2024, for semi-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 61.4% inflationary increase is applied to the most recent sale price for PEAR TREE COTTAGE of £303,500 on 31st October 2005. For the value to have increased from £303,500 to £489,878 over the eighteen years and ten months to December 2024, the following assumptions must hold true:

• The value of PEAR TREE COTTAGE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The October 2005 sale price of £303,500 represented a fair market value for the property.
• The size, condition, and specification of PEAR TREE COTTAGE has not materially changed since October 2005.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 172m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of semi-detached houses houses in Grainthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grainthorpe, and where PEAR TREE COTTAGE lies on this distribution: 83% of semi-detached houses houses are smaller than PEAR TREE COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of PEAR TREE COTTAGE, 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 PEAR TREE COTTAGE). 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on MAIN ROAD in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of PEAR TREE COTTAGE on MAIN ROAD.