11, ELM LANE, LACEBY, GRIMSBY, DN37 7ST - £238,000

11 ELM LANE is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £238,000 in December 2020, which was around 11% above the average December 2020 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

11 ELM LANE Sold Prices

Land registry data shows three sales for 11 ELM LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 11 ELM LANE 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
2020 4 DEC	£238,000	£213,496	11% above HPI
1998 30 JUN	£76,750	£69,891	10% above HPI
1996 27 SEP	£80,000	£65,499	22% above HPI

11 ELM LANE 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 three 11 ELM LANE sales between September 1996 and December 2020 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 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 11 ELM LANE?

11 ELM LANE is 97m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Laceby, based on EPC data. The below chart shows the distribution of detached houses by size in Laceby, and where 11 ELM LANE lies on this distribution: 23% of detached houses are smaller than 11 ELM LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Laceby.

11 ELM LANE: Plot and Title Map

11 ELM LANE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 11 ELM LANE, 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 11 ELM LANE). 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 11 ELM LANE?

11 ELM LANE is located in LACEBY, in the DN37 postcode district. The below map shows the position of No. 11 on ELM LANE.