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

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

THE HAVEN is a very small detached house of 81m², built sometime between 1996 and 2002. 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	£267,361	12% above HPI
2012 7 JUN	£120,000	£162,711	26% 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 26% below the HPI. So the extrapolation line tracks at 26% 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.

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 in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Grainthorpe, and where THE HAVEN lies on this distribution: 11% of detached 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.