POPPY LEA, EASTFIELD LANE, GRIMOLDBY, LOUTH, LN11 8TD - £695,000

POPPY LEA is a very large detached house of 232m², built in 2018. It was last sold for £695,000 in June 2022, which was around 154% above the average June 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was B.

POPPY LEA Sold Prices

Land registry data shows two sales for POPPY LEA 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 POPPY LEA 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
2022 29 JUN	£695,000	£273,883	154% above HPI
2018 23 MAR	£90,000	£207,278	57% below HPI

POPPY LEA 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 POPPY LEA sales from March 2018 and June 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 March 2018 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2022 sale, where it rises to 154% above the HPI. The line then continues to track at 154% above the HPI.

How Large is POPPY LEA?

POPPY LEA is 232m² according to the EPC inspection conducted in January 2022. This puts it in the largest 10% of detached houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimoldby, and where POPPY LEA lies on this distribution: 95% of detached houses are smaller than POPPY LEA, and 4% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

POPPY LEA: Plot and Title Map

POPPY LEA sits on a plot of roughly 0.479 of an acre, or 1,940m². The below map shows the location of POPPY LEA, 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 POPPY LEA). 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 POPPY LEA?

POPPY LEA is located on EASTFIELD LANE in GRIMOLDBY, in the LN11 postcode district. The below map shows the position of POPPY LEA on EASTFIELD LANE.