112, DURBAN ROAD, GRIMSBY, DN32 8BA - £68,000

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.

112 DURBAN ROAD is a small extended terraced house of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £90,240. It was last sold for £68,000 in November 2019, which was around 23% below the average November 2019 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

112 DURBAN ROAD Sold Prices

Land registry data shows three sales for 112 DURBAN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. Two of the three 112 DURBAN ROAD sales were for below the average price, whilst one was 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
2019 22 NOV	£68,000	£88,606	23% below HPI
2004 18 JUN	£59,950	£61,374	2% below HPI
2001 15 JUN	£31,000	£30,620	1% above HPI

112 DURBAN 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 three 112 DURBAN ROAD sales between June 2001 and November 2019 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 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 112 DURBAN ROAD be worth now?

112 DURBAN ROAD might now be worth an estimated £90,240.

This is based on house price inflation of 32.7%, between November 2019 and May 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 32.7% inflationary increase is applied to the most recent sale price for 112 DURBAN ROAD of £68,000 on 22nd November 2019. For the value to have increased from £68,000 to £90,240 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 112 DURBAN ROAD has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The November 2019 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of 112 DURBAN ROAD has not materially changed since November 2019.

How Large is 112 DURBAN ROAD?

112 DURBAN ROAD is 89m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% 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 112 DURBAN ROAD lies on this distribution: 26% of terraced houses houses are smaller than 112 DURBAN ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

112 DURBAN ROAD: Plot and Title Map

112 DURBAN ROAD sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 112 DURBAN 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 112 DURBAN 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 112 DURBAN ROAD?

112 DURBAN ROAD is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 112 on DURBAN ROAD.