16, EASTBOURNE WAY, GRIMSBY, DN33 2PH - £124,500

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 EASTBOURNE WAY is a very small semi-detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £192,979. It was last sold for £124,500 in June 2014, which was around 18% above the average June 2014 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

16 EASTBOURNE WAY Sold Prices

Land registry data shows two sales for 16 EASTBOURNE WAY 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 16 EASTBOURNE WAY 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
2014 3 JUN	£124,500	£105,221	18% above HPI
2003 23 MAY	£79,500	£64,525	23% above HPI

16 EASTBOURNE WAY 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 16 EASTBOURNE WAY sales from May 2003 and June 2014 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 May 2003 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 16 EASTBOURNE WAY be worth now?

16 EASTBOURNE WAY might now be worth an estimated £192,979.

This is based on house price inflation of 55%, between June 2014 and March 2025, 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 55% inflationary increase is applied to the most recent sale price for 16 EASTBOURNE WAY of £124,500 on 3rd June 2014. For the value to have increased from £124,500 to £192,979 over the eleven years and three months to March 2025, the following assumptions must hold true:

• The value of 16 EASTBOURNE WAY has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The June 2014 sale price of £124,500 represented a fair market value for the property.
• The size, condition, and specification of 16 EASTBOURNE WAY has not materially changed since June 2014.

How Large is 16 EASTBOURNE WAY?

16 EASTBOURNE WAY is 69m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% 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 16 EASTBOURNE WAY lies on this distribution: 7% of semi-detached houses houses are smaller than 16 EASTBOURNE WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

16 EASTBOURNE WAY: Plot and Title Map

16 EASTBOURNE WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 16 EASTBOURNE WAY, 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 EASTBOURNE WAY). 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 EASTBOURNE WAY?

16 EASTBOURNE WAY is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 16 on EASTBOURNE WAY.