14, MCCARTHY CLOSE, SCARTHO TOP, GRIMSBY, DN33 3SX - £35,000

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.

14 MCCARTHY CLOSE is a small terraced house of 91m², built sometime from 2007 onwards, which could now be worth an estimated £46,250. It was last sold for £35,000 in August 2018, which was around 61% below the average August 2018 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

14 MCCARTHY CLOSE Sold Prices

Land registry data shows three sales for 14 MCCARTHY CLOSE 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. One of the three 14 MCCARTHY CLOSE sales was for below the average price, whilst two 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 31 AUG	£35,000	£88,983	61% below HPI
2013 25 JAN	£89,962	£71,992	25% above HPI
2007 2 NOV	£90,000	£89,295	1% above HPI

14 MCCARTHY CLOSE 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 14 MCCARTHY CLOSE sales between November 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 January 2013 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2018 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

What might 14 MCCARTHY CLOSE be worth now?

14 MCCARTHY CLOSE might now be worth an estimated £46,250.

This is based on house price inflation of 32.1%, between August 2018 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 32.1% inflationary increase is applied to the most recent sale price for 14 MCCARTHY CLOSE of £35,000 on 31st August 2018. For the value to have increased from £35,000 to £46,250 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 14 MCCARTHY CLOSE has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The August 2018 sale price of £35,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MCCARTHY CLOSE has not materially changed since August 2018.

How Large is 14 MCCARTHY CLOSE?

14 MCCARTHY CLOSE is 91m² according to the EPC inspection conducted in August 2012. 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 14 MCCARTHY CLOSE lies on this distribution: 27% of terraced houses houses are smaller than 14 MCCARTHY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

14 MCCARTHY CLOSE: Plot and Title Map

14 MCCARTHY CLOSE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 14 MCCARTHY CLOSE, 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 14 MCCARTHY CLOSE). 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 14 MCCARTHY CLOSE?

14 MCCARTHY CLOSE is located in SCARTHO TOP, in the DN33 postcode district. The below map shows the position of No. 14 on MCCARTHY CLOSE.