8, PLEASANCE WAY, MANBY, LOUTH, LN11 8HJ - £250,000

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.

8 PLEASANCE WAY is a large detached house of 150m², built sometime between 2003 and 2006, which could now be worth an estimated £316,983. It was last sold for £250,000 in September 2019, which was around 11% above the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

8 PLEASANCE WAY Sold Prices

Land registry data shows three sales for 8 PLEASANCE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 8 PLEASANCE WAY 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
2019 23 SEP	£250,000	£224,683	11% above HPI
2009 8 MAY	£202,000	£161,516	25% above HPI
2003 17 APR	£169,000	£125,285	35% above HPI

8 PLEASANCE WAY 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 three 8 PLEASANCE WAY sales between April 2003 and September 2019 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 May 2009 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2019 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 PLEASANCE WAY be worth now?

8 PLEASANCE WAY might now be worth an estimated £316,983.

This is based on house price inflation of 26.8%, between September 2019 and March 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 26.8% inflationary increase is applied to the most recent sale price for 8 PLEASANCE WAY of £250,000 on 23rd September 2019. For the value to have increased from £250,000 to £316,983 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 8 PLEASANCE WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PLEASANCE WAY has not materially changed since September 2019.

How Large is 8 PLEASANCE WAY?

8 PLEASANCE WAY is 150m² according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses houses in Manby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manby, and where 8 PLEASANCE WAY lies on this distribution: 74% of detached houses houses are smaller than 8 PLEASANCE WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Manby.

8 PLEASANCE WAY: Plot and Title Map

8 PLEASANCE WAY sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of 8 PLEASANCE WAY, 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 8 PLEASANCE WAY). 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 8 PLEASANCE WAY?

8 PLEASANCE WAY is located in MANBY, in the LN11 postcode district. The below map shows the position of No. 8 on PLEASANCE WAY.