WOODLANDS, GRIMSBY ROAD, LOUTH, LN11 0SX - £300,000

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.

WOODLANDS is a large extended detached house of 126m², built sometime before 1900, which could now be worth an estimated £497,887. It was last sold for £300,000 in November 2008, which was around 74% above the average November 2008 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.

WOODLANDS Sold Prices

Land registry data shows two sales for WOODLANDS 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 WOODLANDS 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
2008 14 NOV	£300,000	£172,480	74% above HPI
2000 24 NOV	£70,000	£77,338	9% below HPI

WOODLANDS 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 WOODLANDS sales from November 2000 and November 2008 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 November 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2008 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might WOODLANDS be worth now?

WOODLANDS might now be worth an estimated £497,887.

This is based on house price inflation of 66%, between November 2008 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 66% inflationary increase is applied to the most recent sale price for WOODLANDS of £300,000 on 14th November 2008. For the value to have increased from £300,000 to £497,887 over the seventeen years and nine months to February 2025, the following assumptions must hold true:

• The value of WOODLANDS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2008 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of WOODLANDS has not materially changed since November 2008.

How Large is WOODLANDS?

WOODLANDS is 126m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where WOODLANDS lies on this distribution: 61% of detached houses houses are smaller than WOODLANDS, and 37% of houses are larger. Note that EPC data is not available for all properties in Louth.

WOODLANDS: Plot and Title Map

WOODLANDS sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

WOODLANDS is located on GRIMSBY ROAD in LOUTH, in the LN11 postcode district. The below map shows the position of WOODLANDS on GRIMSBY ROAD.