16, AIRE CLOSE, IMMINGHAM, DN40 2DT - £82,500

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.

16 AIRE CLOSE is a very small terraced house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £90,706. It was last sold for £82,500 in September 2021, which was around 23% below the average September 2021 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

16 AIRE CLOSE Sold Prices

Land registry data shows three sales for 16 AIRE 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. All of the three 16 AIRE 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
2021 30 SEP	£82,500	£106,947	23% below HPI
2018 6 APR	£75,500	£82,818	9% below HPI
2003 25 JUL	£41,000	£46,669	12% below HPI

16 AIRE 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 16 AIRE CLOSE sales between July 2003 and September 2021 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 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 AIRE CLOSE be worth now?

16 AIRE CLOSE might now be worth an estimated £90,706.

This is based on house price inflation of 9.9%, between September 2021 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 9.9% inflationary increase is applied to the most recent sale price for 16 AIRE CLOSE of £82,500 on 30th September 2021. For the value to have increased from £82,500 to £90,706 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 16 AIRE CLOSE has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The September 2021 sale price of £82,500 represented a fair market value for the property.
• The size, condition, and specification of 16 AIRE CLOSE has not materially changed since September 2021.

How Large is 16 AIRE CLOSE?

16 AIRE CLOSE is 56m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of terraced houses houses in Immingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Immingham, and where 16 AIRE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 16 AIRE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Immingham.

16 AIRE CLOSE: Plot and Title Map

16 AIRE CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 16 AIRE 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 16 AIRE 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 16 AIRE CLOSE?

16 AIRE CLOSE is located in IMMINGHAM, in the DN40 postcode district. The below map shows the position of No. 16 on AIRE CLOSE.