ROSELEA, THE PADDOCK, MANBY, LOUTH, LN11 8GD - £265,000

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.

ROSELEA is a small detached house of 104m², built sometime between 2003 and 2006, which could now be worth an estimated £343,107. It was last sold for £265,000 in November 2018, which was around 20% above the average November 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

ROSELEA Sold Prices

Land registry data shows two sales for ROSELEA 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 ROSELEA 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
2018 28 NOV	£265,000	£221,088	20% above HPI
2004 7 MAY	£189,950	£158,254	20% above HPI

ROSELEA 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 ROSELEA sales from May 2004 and November 2018 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 May 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2018 sale, which was also at 20% above the HPI.

What might ROSELEA be worth now?

ROSELEA might now be worth an estimated £343,107.

This is based on house price inflation of 29.5%, between November 2018 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 29.5% inflationary increase is applied to the most recent sale price for ROSELEA of £265,000 on 28th November 2018. For the value to have increased from £265,000 to £343,107 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of ROSELEA has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of ROSELEA has not materially changed since November 2018.

How Large is ROSELEA?

ROSELEA is 104m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% 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 ROSELEA lies on this distribution: 23% of detached houses houses are smaller than ROSELEA, and 77% of houses are larger. Note that EPC data is not available for all properties in Manby.

ROSELEA: Plot and Title Map

ROSELEA sits on a plot of roughly 0.276 of an acre, or 1,115m². The below map shows the location of ROSELEA, 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 ROSELEA). 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 ROSELEA?

ROSELEA is located on THE PADDOCK in MANBY, in the LN11 postcode district. The below map shows the position of ROSELEA on THE PADDOCK.