16, MCCARTHY CLOSE, SCARTHO TOP, GRIMSBY, DN33 3SX - £67,500

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 MCCARTHY CLOSE is a midsized terraced house of 109m², built sometime between 2007 and 2011, which could now be worth an estimated £87,982. It was last sold for £67,500 in September 2019, which was around 25% below the average September 2019 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

16 MCCARTHY CLOSE Sold Prices

Land registry data shows two sales for 16 MCCARTHY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 16 MCCARTHY 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
2019 4 SEP	£67,500	£90,211	25% below HPI
2010 10 SEP	£75,000	£82,640	9% below HPI

16 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 two 16 MCCARTHY CLOSE sales from September 2010 and September 2019 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 September 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 16 MCCARTHY CLOSE be worth now?

16 MCCARTHY CLOSE might now be worth an estimated £87,982.

This is based on house price inflation of 30.3%, between September 2019 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 30.3% inflationary increase is applied to the most recent sale price for 16 MCCARTHY CLOSE of £67,500 on 4th September 2019. For the value to have increased from £67,500 to £87,982 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 16 MCCARTHY CLOSE has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The September 2019 sale price of £67,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MCCARTHY CLOSE has not materially changed since September 2019.

How Large is 16 MCCARTHY CLOSE?

16 MCCARTHY CLOSE is 109m² according to the EPC inspection conducted in February 2015. This puts it in the largest 50% 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 16 MCCARTHY CLOSE lies on this distribution: 49% of terraced houses houses are smaller than 16 MCCARTHY CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

16 MCCARTHY CLOSE: Plot and Title Map

16 MCCARTHY CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 16 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 16 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 16 MCCARTHY CLOSE?

16 MCCARTHY CLOSE is located in SCARTHO TOP, in the DN33 postcode district. The below map shows the position of No. 16 on MCCARTHY CLOSE.