12, SPRINGWOOD CRESCENT, GRIMSBY, DN33 3HF - £105,000

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.

12 SPRINGWOOD CRESCENT is a small extended semi-detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £199,898. It was last sold for £105,000 in May 2004, which was around 29% above the average May 2004 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

12 SPRINGWOOD CRESCENT Sold Prices

Land registry data shows two sales for 12 SPRINGWOOD CRESCENT 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 SPRINGWOOD CRESCENT 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
2004 21 MAY	£105,000	£81,586	29% above HPI
2002 16 DEC	£81,000	£56,831	43% above HPI

12 SPRINGWOOD CRESCENT 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 SPRINGWOOD CRESCENT sales from December 2002 and May 2004 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 2002 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2004 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 12 SPRINGWOOD CRESCENT be worth now?

12 SPRINGWOOD CRESCENT might now be worth an estimated £199,898.

This is based on house price inflation of 90.4%, between May 2004 and May 2026, 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 90.4% inflationary increase is applied to the most recent sale price for 12 SPRINGWOOD CRESCENT of £105,000 on 21st May 2004. For the value to have increased from £105,000 to £199,898 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 12 SPRINGWOOD CRESCENT has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The May 2004 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPRINGWOOD CRESCENT has not materially changed since May 2004.

How Large is 12 SPRINGWOOD CRESCENT?

12 SPRINGWOOD CRESCENT is 100m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of semi-detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimsby, and where 12 SPRINGWOOD CRESCENT lies on this distribution: 38% of semi-detached houses houses are smaller than 12 SPRINGWOOD CRESCENT, and 61% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

12 SPRINGWOOD CRESCENT: Plot and Title Map

12 SPRINGWOOD CRESCENT sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 12 SPRINGWOOD CRESCENT, 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 SPRINGWOOD CRESCENT). 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 SPRINGWOOD CRESCENT?

12 SPRINGWOOD CRESCENT is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 12 on SPRINGWOOD CRESCENT.