RIALCO, CARLTON ROAD, MANBY, LOUTH, LN11 8HH - £100,000

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

RIALCO is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £100,000 in June 2016, which was around 48% below the average June 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

RIALCO Sold Prices

Land registry data shows three sales for RIALCO since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three RIALCO 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
2016 28 JUN	£100,000	£190,990	48% below HPI
2004 26 APR	£103,000	£151,848	32% below HPI
1995 26 MAY	£30,000	£54,972	45% below HPI

RIALCO 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 three RIALCO sales between May 1995 and June 2016 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 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2016 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is RIALCO?

RIALCO is 61m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Manby, based on EPC data. The below chart shows the distribution of detached houses by size in Manby, and where RIALCO lies on this distribution: 2% of detached houses are smaller than RIALCO, and 98% of houses are larger. Note that EPC data is not available for all properties in Manby.

RIALCO: Plot and Title Map

RIALCO sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of RIALCO, 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 RIALCO). 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 RIALCO?

RIALCO is located on CARLTON ROAD in MANBY, in the LN11 postcode district. The below map shows the position of RIALCO on CARLTON ROAD.