14, SPINNEY CLOSE, IMMINGHAM, DN40 2JT - £85,000

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 SPINNEY CLOSE is a very small extended semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £110,189. It was last sold for £85,000 in November 2018, which was around 30% below the average November 2018 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

14 SPINNEY CLOSE Sold Prices

Land registry data shows two sales for 14 SPINNEY CLOSE 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. One of the two 14 SPINNEY CLOSE sales was for below the average price, whilst the other 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
2018 23 NOV	£85,000	£121,017	30% below HPI
2003 2 APR	£63,000	£62,077	1% above HPI

14 SPINNEY CLOSE 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 14 SPINNEY CLOSE sales from April 2003 and November 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 April 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 14 SPINNEY CLOSE be worth now?

14 SPINNEY CLOSE might now be worth an estimated £110,189.

This is based on house price inflation of 29.6%, between November 2018 and April 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 29.6% inflationary increase is applied to the most recent sale price for 14 SPINNEY CLOSE of £85,000 on 23rd November 2018. For the value to have increased from £85,000 to £110,189 over the eight years and seven months to April 2026, the following assumptions must hold true:

• The value of 14 SPINNEY CLOSE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The November 2018 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SPINNEY CLOSE has not materially changed since November 2018.

How Large is 14 SPINNEY CLOSE?

14 SPINNEY CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of semi-detached houses houses in Immingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Immingham, and where 14 SPINNEY CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 14 SPINNEY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Immingham.

14 SPINNEY CLOSE: Plot and Title Map

14 SPINNEY CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 14 SPINNEY 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 SPINNEY 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 SPINNEY CLOSE?

14 SPINNEY CLOSE is located in IMMINGHAM, in the DN40 postcode district. The below map shows the position of No. 14 on SPINNEY CLOSE.