THE HAVEN, MAIN ROAD, GRAINTHORPE, LOUTH, LN11 7JS - £300,000

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

THE HAVEN is a very small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £318,794. It was last sold for £300,000 in February 2024, which was around 12% above the average February 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

THE HAVEN Sold Prices

Land registry data shows two sales for THE HAVEN 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 THE HAVEN 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
2024 6 FEB	£300,000	£268,097	12% above HPI
2012 7 JUN	£120,000	£165,081	27% below HPI

THE HAVEN 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 THE HAVEN sales from June 2012 and February 2024 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 June 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2024 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might THE HAVEN be worth now?

THE HAVEN might now be worth an estimated £318,794.

This is based on house price inflation of 6.3%, between February 2024 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 6.3% inflationary increase is applied to the most recent sale price for THE HAVEN of £300,000 on 6th February 2024. For the value to have increased from £300,000 to £318,794 over the two months to December 2024, the following assumptions must hold true:

• The value of THE HAVEN has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of THE HAVEN has not materially changed since February 2024.

How Large is THE HAVEN?

THE HAVEN is 81m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% 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 THE HAVEN lies on this distribution: 11% of detached houses houses are smaller than THE HAVEN, and 89% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

THE HAVEN: Plot and Title Map

THE HAVEN sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of THE HAVEN, 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 THE HAVEN). 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 THE HAVEN?

THE HAVEN is located on MAIN ROAD in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of THE HAVEN on MAIN ROAD.