11, VICTORY WAY, GRIMSBY, DN34 5UY - £102,500

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 VICTORY WAY is a very small terraced house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £131,178. It was last sold for £102,500 in July 2018, which was around 16% above the average July 2018 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

11 VICTORY WAY Sold Prices

Land registry data shows five sales for 11 VICTORY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. All of the five 11 VICTORY WAY 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
2018 10 JUL	£102,500	£88,499	16% above HPI
2015 1 DEC	£94,000	£78,771	19% above HPI
2014 26 FEB	£89,950	£76,080	18% above HPI
2001 2 NOV	£45,000	£32,296	39% above HPI
1999 21 MAY	£39,950	£29,482	36% above HPI

11 VICTORY WAY 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 five 11 VICTORY WAY sales between May 1999 and July 2018 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 December 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2018 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 11 VICTORY WAY be worth now?

11 VICTORY WAY might now be worth an estimated £131,178.

This is based on house price inflation of 28%, between July 2018 and June 2025, 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% inflationary increase is applied to the most recent sale price for 11 VICTORY WAY of £102,500 on 10th July 2018. For the value to have increased from £102,500 to £131,178 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of 11 VICTORY WAY has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The July 2018 sale price of £102,500 represented a fair market value for the property.
• The size, condition, and specification of 11 VICTORY WAY has not materially changed since July 2018.

How Large is 11 VICTORY WAY?

11 VICTORY WAY is 65m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% 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 VICTORY WAY lies on this distribution: 5% of terraced houses houses are smaller than 11 VICTORY WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

11 VICTORY WAY: Plot and Title Map

11 VICTORY WAY sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 11 VICTORY WAY, 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 VICTORY WAY). 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 VICTORY WAY?

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