10, MILL CLOSE, MARSHCHAPEL, GRIMSBY, DN36 5TP - £195,000

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.

10 MILL CLOSE is a midsized detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £225,385. It was last sold for £195,000 in May 2021, which was around 18% below the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was D.

10 MILL CLOSE Sold Prices

Land registry data shows two sales for 10 MILL CLOSE 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. Both of the two 10 MILL CLOSE sales were 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
2021 17 MAY	£195,000	£238,707	18% below HPI
2009 26 AUG	£90,000	£167,880	46% below HPI

10 MILL CLOSE 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 10 MILL CLOSE sales from August 2009 and May 2021 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 August 2009 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 10 MILL CLOSE be worth now?

10 MILL CLOSE might now be worth an estimated £225,385.

This is based on house price inflation of 15.6%, between May 2021 and April 2026, 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 15.6% inflationary increase is applied to the most recent sale price for 10 MILL CLOSE of £195,000 on 17th May 2021. For the value to have increased from £195,000 to £225,385 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 10 MILL CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MILL CLOSE has not materially changed since May 2021.

How Large is 10 MILL CLOSE?

10 MILL CLOSE is 105m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses houses in Marshchapel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marshchapel, and where 10 MILL CLOSE lies on this distribution: 42% of detached houses houses are smaller than 10 MILL CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Marshchapel.

10 MILL CLOSE: Plot and Title Map

10 MILL CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 10 MILL CLOSE, 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 10 MILL CLOSE). 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 10 MILL CLOSE?

10 MILL CLOSE is located in MARSHCHAPEL, in the DN36 postcode district. The below map shows the position of No. 10 on MILL CLOSE.