SOUTH GATES, EASTFIELD LANE, GRIMOLDBY, LOUTH, LN11 8TD - £191,000

SOUTH GATES is a large detached house of 138m², built sometime between 2003 and 2006. It was last sold for £191,000 in September 2017, which was around 9% below the average September 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

SOUTH GATES Sold Prices

Land registry data shows two sales for SOUTH GATES 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. One of the two SOUTH GATES sales was for below the average price, whilst the other was 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
2017 1 SEP	£191,000	£210,398	9% below HPI
1999 28 MAY	£82,950	£67,272	23% above HPI

SOUTH GATES 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 SOUTH GATES sales from May 1999 and September 2017 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 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is SOUTH GATES?

SOUTH GATES is 138m² according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimoldby, and where SOUTH GATES lies on this distribution: 67% of detached houses are smaller than SOUTH GATES, and 33% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

SOUTH GATES: Plot and Title Map

SOUTH GATES sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of SOUTH GATES, 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 SOUTH GATES). 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 SOUTH GATES?

SOUTH GATES is located on EASTFIELD LANE in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of SOUTH GATES on EASTFIELD LANE.