2, CHAPEL GARTH, TETNEY, GRIMSBY, DN36 5JG - £175,000

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.

2 CHAPEL GARTH is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £212,867. It was last sold for £175,000 in October 2020, which was around 23% below the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

2 CHAPEL GARTH Sold Prices

Land registry data shows two sales for 2 CHAPEL GARTH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 2 CHAPEL GARTH 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
2020 8 OCT	£175,000	£226,387	23% below HPI
2013 5 DEC	£80,000	£167,776	52% below HPI

2 CHAPEL GARTH Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 2 CHAPEL GARTH sales from December 2013 and October 2020 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 December 2013 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 CHAPEL GARTH be worth now?

2 CHAPEL GARTH might now be worth an estimated £212,867.

This is based on house price inflation of 21.6%, between October 2020 and May 2026, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 2 CHAPEL GARTH of £175,000 on 8th October 2020. For the value to have increased from £175,000 to £212,867 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 2 CHAPEL GARTH has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL GARTH has not materially changed since October 2020.

How Large is 2 CHAPEL GARTH?

2 CHAPEL GARTH is 75m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses houses in Tetney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tetney, and where 2 CHAPEL GARTH lies on this distribution: 6% of detached houses houses are smaller than 2 CHAPEL GARTH, and 93% of houses are larger. Note that EPC data is not available for all properties in Tetney.

2 CHAPEL GARTH: Plot and Title Map

2 CHAPEL GARTH sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 2 CHAPEL GARTH, 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 2 CHAPEL GARTH). 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 2 CHAPEL GARTH?

2 CHAPEL GARTH is located in TETNEY, in the DN36 postcode district. The below map shows the position of No. 2 on CHAPEL GARTH.