SOUTHDOWN, EASTFIELD LANE, GRIMOLDBY, LOUTH, LN11 8TD - £137,500

SOUTHDOWN is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £137,500 in October 2014, which was around 23% below the average October 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

SOUTHDOWN Sold Prices

Land registry data shows two sales for SOUTHDOWN 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 SOUTHDOWN 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
2014 24 OCT	£137,500	£178,623	23% below HPI
1995 3 NOV	£45,000	£55,148	18% below HPI

SOUTHDOWN 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 SOUTHDOWN sales from November 1995 and October 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 November 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is SOUTHDOWN?

SOUTHDOWN is 74m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimoldby, and where SOUTHDOWN lies on this distribution: 11% of detached houses are smaller than SOUTHDOWN, and 89% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

SOUTHDOWN: Plot and Title Map

SOUTHDOWN sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of SOUTHDOWN, 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 SOUTHDOWN). 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 SOUTHDOWN?

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