PORTLET LODGE, MILL RACE, TETNEY, GRIMSBY, DN36 5JZ - £340,000

PORTLET LODGE is a large extended detached house of 218m², built sometime between 1983 and 1990. It was last sold for £340,000 in July 2015, which was around 87% above the average July 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

PORTLET LODGE Sold Prices

Land registry data shows six sales for PORTLET LODGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The six PORTLET LODGE sales were a mix of above the average price, and roughly equal to 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
2015 24 JUL	£340,000	£181,933	87% above HPI
2009 30 SEP	£165,000	£165,486	Close to HPI
2008 7 MAR	£350,000	£176,636	98% above HPI
2002 5 JUL	£227,000	£101,518	124% above HPI
1999 7 OCT	£145,000	£67,772	114% above HPI
1998 30 JAN	£120,000	£63,072	90% above HPI

PORTLET LODGE 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 six PORTLET LODGE sales between January 1998 and July 2015 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 September 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2015 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is PORTLET LODGE?

PORTLET LODGE is 218m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses in Tetney, based on EPC data. The below chart shows the distribution of detached houses by size in Tetney, and where PORTLET LODGE lies on this distribution: 80% of detached houses are smaller than PORTLET LODGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Tetney.

PORTLET LODGE: Plot and Title Map

PORTLET LODGE sits on a plot of roughly 0.270 of an acre, or 1,094m². The below map shows the location of PORTLET LODGE, 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 PORTLET LODGE). 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 PORTLET LODGE?

PORTLET LODGE is located on MILL RACE in TETNEY, in the DN36 postcode district. The below map shows the position of PORTLET LODGE on MILL RACE.