15, MILL CLOSE, WALTHAM, GRIMSBY, DN37 0HH - £140,000

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.

15 MILL CLOSE is a very small extended detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £218,872. It was last sold for £140,000 in April 2012, which was around 9% below the average April 2012 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.

15 MILL CLOSE Sold Prices

Land registry data shows two sales for 15 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 15 MILL CLOSE sales were for below 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
2012 2 APR	£140,000	£153,785	9% below HPI
2009 15 OCT	£147,000	£165,815	11% below HPI

15 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 15 MILL CLOSE sales from October 2009 and April 2012 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 October 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2012 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 15 MILL CLOSE be worth now?

15 MILL CLOSE might now be worth an estimated £218,872.

This is based on house price inflation of 56.3%, between April 2012 and May 2026, for 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 56.3% inflationary increase is applied to the most recent sale price for 15 MILL CLOSE of £140,000 on 2nd April 2012. For the value to have increased from £140,000 to £218,872 over the thirteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 15 MILL CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The April 2012 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MILL CLOSE has not materially changed since April 2012.

How Large is 15 MILL CLOSE?

15 MILL CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses houses in Waltham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waltham, and where 15 MILL CLOSE lies on this distribution: 11% of detached houses houses are smaller than 15 MILL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Waltham.

15 MILL CLOSE: Plot and Title Map

15 MILL CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 15 MILL 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 15 MILL 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 15 MILL CLOSE?

15 MILL CLOSE is located in WALTHAM, in the DN37 postcode district. The below map shows the position of No. 15 on MILL CLOSE.