THE LIMES, GRIMSBY ROAD, LACEBY, GRIMSBY, DN37 7EE - £255,000

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.

THE LIMES is a large extended detached house of 138m², built sometime before 1900, which could now be worth an estimated £291,482. It was last sold for £255,000 in September 2021, which was around 15% above the average September 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was F, and the potential energy rating was A.

THE LIMES Sold Prices

Land registry data shows two sales for THE LIMES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two THE LIMES 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
2021 15 SEP	£255,000	£220,976	15% above HPI
1995 16 AUG	£97,000	£64,653	50% above HPI

THE LIMES Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two THE LIMES sales from August 1995 and September 2021 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 August 1995 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might THE LIMES be worth now?

THE LIMES might now be worth an estimated £291,482.

This is based on house price inflation of 14.3%, between September 2021 and February 2025, for detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.3% inflationary increase is applied to the most recent sale price for THE LIMES of £255,000 on 15th September 2021. For the value to have increased from £255,000 to £291,482 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of THE LIMES has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The September 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of THE LIMES has not materially changed since September 2021.

How Large is THE LIMES?

THE LIMES is 138m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses houses in Laceby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laceby, and where THE LIMES lies on this distribution: 80% of detached houses houses are smaller than THE LIMES, and 20% of houses are larger. Note that EPC data is not available for all properties in Laceby.

THE LIMES: Plot and Title Map

THE LIMES sits on a plot of roughly 0.440 of an acre, or 1,782m². The below map shows the location of THE LIMES, 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 LIMES). 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 LIMES?

THE LIMES is located on GRIMSBY ROAD in LACEBY, in the DN37 postcode district. The below map shows the position of THE LIMES on GRIMSBY ROAD.