11, ELDER ROAD, GRIMSBY, DN34 4GD - £126,500

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.

11 ELDER ROAD is a small extended terraced house of 97m², built sometime between 2007 and 2011, which could now be worth an estimated £163,014. It was last sold for £126,500 in September 2020, which was around 37% above the average September 2020 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2020, where the current energy rating was C, and the potential energy rating was B.

11 ELDER ROAD Sold Prices

Land registry data shows four sales for 11 ELDER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four 11 ELDER ROAD 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
2020 21 SEP	£126,500	£92,309	37% above HPI
2018 13 JUN	£122,000	£86,559	41% above HPI
2015 4 SEP	£112,000	£81,739	37% above HPI
2009 5 OCT	£117,000	£81,394	44% above HPI

11 ELDER ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The four 11 ELDER ROAD sales between October 2009 and September 2020 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 2018 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 11 ELDER ROAD be worth now?

11 ELDER ROAD might now be worth an estimated £163,014.

This is based on house price inflation of 28.9%, between September 2020 and April 2026, for terraced 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 28.9% inflationary increase is applied to the most recent sale price for 11 ELDER ROAD of £126,500 on 21st September 2020. For the value to have increased from £126,500 to £163,014 over the six years and five months to April 2026, the following assumptions must hold true:

• The value of 11 ELDER ROAD has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The September 2020 sale price of £126,500 represented a fair market value for the property.
• The size, condition, and specification of 11 ELDER ROAD has not materially changed since September 2020.

How Large is 11 ELDER ROAD?

11 ELDER ROAD is 97m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the smallest 40% of terraced houses houses in Grimsby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grimsby, and where 11 ELDER ROAD lies on this distribution: 34% of terraced houses houses are smaller than 11 ELDER ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

11 ELDER ROAD: Plot and Title Map

11 ELDER ROAD sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 11 ELDER ROAD, 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 11 ELDER ROAD). 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 11 ELDER ROAD?

11 ELDER ROAD is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 11 on ELDER ROAD.