12, GARBUTT PLACE, CLEETHORPES, DN35 0EJ - £167,500

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.

12 GARBUTT PLACE is a very small semi-detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £221,943. It was last sold for £167,500 in August 2018, which was around 39% above the average August 2018 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

12 GARBUTT PLACE Sold Prices

Land registry data shows two sales for 12 GARBUTT PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 12 GARBUTT PLACE 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 3 AUG	£167,500	£120,554	39% above HPI
2007 27 MAR	£145,000	£109,722	32% above HPI

12 GARBUTT PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 12 GARBUTT PLACE sales from March 2007 and August 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 March 2007 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2018 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 12 GARBUTT PLACE be worth now?

12 GARBUTT PLACE might now be worth an estimated £221,943.

This is based on house price inflation of 32.5%, between August 2018 and February 2025, for semi-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 32.5% inflationary increase is applied to the most recent sale price for 12 GARBUTT PLACE of £167,500 on 3rd August 2018. For the value to have increased from £167,500 to £221,943 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 12 GARBUTT PLACE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The August 2018 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 12 GARBUTT PLACE has not materially changed since August 2018.

How Large is 12 GARBUTT PLACE?

12 GARBUTT PLACE is 61m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of semi-detached houses houses in Cleethorpes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cleethorpes, and where 12 GARBUTT PLACE lies on this distribution: 3% of semi-detached houses houses are smaller than 12 GARBUTT PLACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

12 GARBUTT PLACE: Plot and Title Map

12 GARBUTT PLACE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 12 GARBUTT PLACE, 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 12 GARBUTT PLACE). 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 12 GARBUTT PLACE?

12 GARBUTT PLACE is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 12 on GARBUTT PLACE.