THE LINDENS, CHAPEL LANE, LUDBOROUGH, GRIMSBY, DN36 5SJ - £520,000

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 LINDENS is a very large extended detached house of 251m², built sometime before 1900. It was last sold for £520,000 in April 2017, which was around 155% above the average April 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was B.

THE LINDENS Sold Prices

Land registry data shows four sales for THE LINDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four THE LINDENS 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
2017 12 APR	£520,000	£203,689	155% above HPI
2012 21 MAR	£450,000	£158,319	184% above HPI
2003 1 JUL	£390,000	£136,015	187% above HPI
2001 16 FEB	£183,000	£76,870	138% above HPI

THE LINDENS 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 four THE LINDENS sales between February 2001 and April 2017 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 March 2012 sale was for 184% above the HPI. So the extrapolation line tracks at 184% above the HPI over time, until the April 2017 sale, where it falls to 155% above the HPI. The line then continues to track at 155% above the HPI.

How Large is THE LINDENS?

THE LINDENS is 251m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 10% of detached houses in Ludborough, based on EPC data. The below chart shows the distribution of detached houses by size in Ludborough, and where THE LINDENS lies on this distribution: 94% of detached houses are smaller than THE LINDENS, and 3% of houses are larger. Note that EPC data is not available for all properties in Ludborough.

THE LINDENS: Plot and Title Map

THE LINDENS sits on a plot of roughly 1.0 acres, or 4,173m². The below map shows the location of THE LINDENS, 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 LINDENS). 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 LINDENS?

THE LINDENS is located on CHAPEL LANE in LUDBOROUGH, in the DN36 postcode district. The below map shows the position of THE LINDENS on CHAPEL LANE.