TAMARIU, LUDBOROUGH PARK, LUDBOROUGH, GRIMSBY, DN36 5SN - £425,000

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.

TAMARIU is a small extended detached house of 157m², built sometime between 1983 and 1990, which could now be worth an estimated £452,764. It was last sold for £425,000 in February 2022, which was around 58% above the average February 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was A.

TAMARIU Sold Prices

Land registry data shows two sales for TAMARIU 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 TAMARIU 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
2022 1 FEB	£425,000	£268,699	58% above HPI
2014 12 SEP	£238,000	£180,347	32% above HPI

TAMARIU 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 TAMARIU sales from September 2014 and February 2022 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 September 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2022 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might TAMARIU be worth now?

TAMARIU might now be worth an estimated £452,764.

This is based on house price inflation of 6.5%, between February 2022 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 6.5% inflationary increase is applied to the most recent sale price for TAMARIU of £425,000 on 1st February 2022. For the value to have increased from £425,000 to £452,764 over the three years to February 2025, the following assumptions must hold true:

• The value of TAMARIU has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of TAMARIU has not materially changed since February 2022.

How Large is TAMARIU?

TAMARIU is 157m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses houses in Ludborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludborough, and where TAMARIU lies on this distribution: 39% of detached houses houses are smaller than TAMARIU, and 61% of houses are larger. Note that EPC data is not available for all properties in Ludborough.

TAMARIU: Plot and Title Map

TAMARIU sits on a plot of roughly 0.211 of an acre, or 855m². The below map shows the location of TAMARIU, 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 TAMARIU). 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 TAMARIU?

TAMARIU is located on LUDBOROUGH PARK in LUDBOROUGH, in the DN36 postcode district. The below map shows the position of TAMARIU on LUDBOROUGH PARK.