TEATHERS LODGE, PRIORY LANE, GRIMOLDBY, LOUTH, LN11 8SP - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

TEATHERS LODGE is a very large detached house of 280m², built sometime between 1996 and 2002. It was last sold for £385,000 in September 2006, which was around 118% above the average September 2006 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

TEATHERS LODGE Sold Prices

Land registry data shows two sales for TEATHERS LODGE 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 TEATHERS LODGE sales was for above the average price, whilst the other was 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
2006 25 SEP	£385,000	£176,340	118% above HPI
1999 8 OCT	£39,000	£67,772	42% below HPI

TEATHERS LODGE 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 TEATHERS LODGE sales from October 1999 and September 2006 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 October 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2006 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

How Large is TEATHERS LODGE?

TEATHERS LODGE is 280m² according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimoldby, and where TEATHERS LODGE lies on this distribution: 99% of detached houses are smaller than TEATHERS LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

TEATHERS LODGE: Plot and Title Map

TEATHERS LODGE sits on a plot of roughly 0.420 of an acre, or 1,702m². The below map shows the location of TEATHERS LODGE, 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 TEATHERS LODGE). 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 TEATHERS LODGE?

TEATHERS LODGE is located on PRIORY LANE in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of TEATHERS LODGE on PRIORY LANE.