RISBY GATE, CARLTON ROAD, MANBY, LOUTH, LN11 8HH - £249,950

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

RISBY GATE is a midsized detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £428,014. It was last sold for £249,950 in January 2014, which was around 50% above the average January 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

RISBY GATE Sold Prices

Land registry data shows three sales for RISBY GATE 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 RISBY GATE 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
2014 10 JAN	£249,950	£166,370	50% above HPI
2002 9 OCT	£183,000	£116,353	57% above HPI
1999 16 JUL	£86,750	£68,586	26% above HPI

RISBY GATE 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 RISBY GATE sales between July 1999 and January 2014 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 October 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the January 2014 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might RISBY GATE be worth now?

RISBY GATE might now be worth an estimated £428,014.

This is based on house price inflation of 71.2%, between January 2014 and December 2024, 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 71.2% inflationary increase is applied to the most recent sale price for RISBY GATE of £249,950 on 10th January 2014. For the value to have increased from £249,950 to £428,014 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of RISBY GATE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2014 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of RISBY GATE has not materially changed since January 2014.

How Large is RISBY GATE?

RISBY GATE is 115m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of detached houses houses in Manby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manby, and where RISBY GATE lies on this distribution: 42% of detached houses houses are smaller than RISBY GATE, and 58% of houses are larger. Note that EPC data is not available for all properties in Manby.

RISBY GATE: Plot and Title Map

RISBY GATE sits on a plot of roughly 0.250 of an acre, or 1,012m². The below map shows the location of RISBY GATE, 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 RISBY GATE). 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 RISBY GATE?

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