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
16 STATION ROAD is a very small extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £216,500 in January 2012, which was around 19% above the average January 2012 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 16 STATION ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 16 STATION ROAD 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 |
---|---|---|---|
2012 27 JAN | £216,500 | £181,378 | 19% above HPI |
2007 13 DEC | £235,000 | £201,838 | 16% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 16 STATION ROAD sales from December 2007 and January 2012 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 December 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2012 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
16 STATION ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Grasby, based on EPC data. The below chart shows the distribution of detached houses by size in Grasby, and where 16 STATION ROAD lies on this distribution: 19% of detached houses are smaller than 16 STATION ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Grasby.
16 STATION ROAD sits on a plot of roughly 0.322 of an acre, or 1,301m². The below map shows the location of 16 STATION ROAD, 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 16 STATION ROAD). 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.
16 STATION ROAD is located in GRASBY, in the DN38 postcode district. The below map shows the position of No. 16 on STATION ROAD.