THE OLD RECTORY, TINKLE STREET, GRIMOLDBY, LOUTH, LN11 8SW - £825,000

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 OLD RECTORY is a very large extended detached house of 283m², built sometime before 1900, which could now be worth an estimated £823,722. It was last sold for £825,000 in November 2022, which was around 188% above the average November 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

THE OLD RECTORY Sold Prices

Land registry data shows two sales for THE OLD RECTORY 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. Both of the two THE OLD RECTORY 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
2022 17 NOV	£825,000	£286,696	188% above HPI
1998 18 FEB	£182,000	£63,294	188% above HPI

THE OLD RECTORY 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 OLD RECTORY sales from February 1998 and November 2022 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 February 1998 sale was for 188% above the HPI. So the extrapolation line tracks at 188% above the HPI over time, until the November 2022 sale, which was also at 188% above the HPI.

What might THE OLD RECTORY be worth now?

THE OLD RECTORY might now be worth an estimated £823,722.

This is based on house price deflation of 0.2%, between November 2022 and February 2025, 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 0.2% deflationary decrease is applied to the most recent sale price for THE OLD RECTORY of £825,000 on 17th November 2022. For the value to have decreased from £825,000 to £823,722 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of THE OLD RECTORY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2022 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD RECTORY has not materially changed since November 2022.

How Large is THE OLD RECTORY?

THE OLD RECTORY is 283m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimoldby, and where THE OLD RECTORY lies on this distribution: More than 99% of detached houses houses are smaller than THE OLD RECTORY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

THE OLD RECTORY: Plot and Title Map

THE OLD RECTORY sits on a plot of roughly 0.905 of an acre, or 3,663m². The below map shows the location of THE OLD RECTORY, 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 OLD RECTORY). 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 OLD RECTORY?

THE OLD RECTORY is located on TINKLE STREET in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of THE OLD RECTORY on TINKLE STREET.