1, PERMAIN CLOSE, SCARTHO, GRIMSBY, DN33 2FB - £260,000

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.

1 PERMAIN CLOSE is a very large detached house of 163m², which could now be worth an estimated £358,431. It was last sold for £260,000 in September 2015, which was around 50% above the average September 2015 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2008, where the current energy rating was C, and the potential energy rating was C.

1 PERMAIN CLOSE Sold Prices

Land registry data shows three sales for 1 PERMAIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 1 PERMAIN CLOSE 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
2015 25 SEP	£260,000	£173,334	50% above HPI
2010 25 JUN	£237,500	£165,989	43% above HPI
2003 26 JUN	£195,000	£108,405	80% above HPI

1 PERMAIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The three 1 PERMAIN CLOSE sales between June 2003 and September 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 June 2010 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2015 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 1 PERMAIN CLOSE be worth now?

1 PERMAIN CLOSE might now be worth an estimated £358,431.

This is based on house price inflation of 37.9%, between September 2015 and July 2026, for detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.9% inflationary increase is applied to the most recent sale price for 1 PERMAIN CLOSE of £260,000 on 25th September 2015. For the value to have increased from £260,000 to £358,431 over the eleven years and two months to July 2026, the following assumptions must hold true:

• The value of 1 PERMAIN CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The September 2015 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PERMAIN CLOSE has not materially changed since September 2015.

How Large is 1 PERMAIN CLOSE?

1 PERMAIN CLOSE is 163m² according to the EPC inspection conducted in September 2008. This puts it in the largest 20% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 1 PERMAIN CLOSE lies on this distribution: 89% of detached houses are smaller than 1 PERMAIN CLOSE, and 11% of detached houses are larger. Note that EPC data is not available for all properties in Grimsby.

1 PERMAIN CLOSE: Plot

1 PERMAIN CLOSE sits on a plot of roughly 0.114 of an acre, or 460m².

Where is 1 PERMAIN CLOSE?

1 PERMAIN CLOSE is located in SCARTHO, in the DN33 postcode district.