STEPPING STONES, MILL LANE, GRAINTHORPE, LOUTH, LN11 7HU - £210,000

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

STEPPING STONES is a large detached house of 147m², built sometime between 1983 and 1990, which could now be worth an estimated £356,172. It was last sold for £210,000 in November 2010, which was around 25% above the average November 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

STEPPING STONES Sold Prices

Land registry data shows four sales for STEPPING STONES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four STEPPING STONES 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
2010 19 NOV	£210,000	£167,973	25% above HPI
2007 27 FEB	£170,000	£183,541	7% below HPI
2005 28 JUN	£210,000	£171,121	23% above HPI
1997 25 FEB	£72,500	£57,119	27% above HPI

STEPPING STONES 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 four STEPPING STONES sales between February 1997 and November 2010 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 February 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2010 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might STEPPING STONES be worth now?

STEPPING STONES might now be worth an estimated £356,172.

This is based on house price inflation of 69.6%, between November 2010 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 69.6% inflationary increase is applied to the most recent sale price for STEPPING STONES of £210,000 on 19th November 2010. For the value to have increased from £210,000 to £356,172 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of STEPPING STONES has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2010 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of STEPPING STONES has not materially changed since November 2010.

How Large is STEPPING STONES?

STEPPING STONES is 147m² according to the EPC inspection conducted in July 2009. This puts it in the largest 40% of detached houses houses in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grainthorpe, and where STEPPING STONES lies on this distribution: 68% of detached houses houses are smaller than STEPPING STONES, and 33% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

STEPPING STONES: Plot and Title Map

STEPPING STONES sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of STEPPING STONES, 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 STEPPING STONES). 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 STEPPING STONES?

STEPPING STONES is located on MILL LANE in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of STEPPING STONES on MILL LANE.