TREE TOPS, EASTFIELD LANE, GRIMOLDBY, LOUTH, LN11 8TD - £320,000

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.

TREE TOPS is a small extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £420,621. It was last sold for £320,000 in December 2016, which was around 60% above the average December 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

TREE TOPS Sold Prices

Land registry data shows two sales for TREE TOPS 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 TREE TOPS 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
2016 9 DEC	£320,000	£200,244	60% above HPI
1996 12 NOV	£45,000	£58,264	23% below HPI

TREE TOPS 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 TREE TOPS sales from November 1996 and December 2016 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 November 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2016 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might TREE TOPS be worth now?

TREE TOPS might now be worth an estimated £420,621.

This is based on house price inflation of 31.4%, between December 2016 and June 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 31.4% inflationary increase is applied to the most recent sale price for TREE TOPS of £320,000 on 9th December 2016. For the value to have increased from £320,000 to £420,621 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of TREE TOPS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2016 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of TREE TOPS has not materially changed since December 2016.

How Large is TREE TOPS?

TREE TOPS is 104m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of detached houses houses in Grimoldby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimoldby, and where TREE TOPS lies on this distribution: 37% of detached houses houses are smaller than TREE TOPS, and 63% of houses are larger. Note that EPC data is not available for all properties in Grimoldby.

TREE TOPS: Plot and Title Map

TREE TOPS sits on a plot of roughly 0.285 of an acre, or 1,154m². The below map shows the location of TREE TOPS, 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 TREE TOPS). 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 TREE TOPS?

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