2, CHAPEL ROAD, TETNEY, GRIMSBY, DN36 5JF - £152,000

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 ROAD is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £197,776. It was last sold for £152,000 in December 2017, which was around 28% below the average December 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 CHAPEL ROAD Sold Prices

Land registry data shows three sales for 2 CHAPEL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 2 CHAPEL ROAD 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
2017 4 DEC	£152,000	£211,637	28% below HPI
2016 26 AUG	£143,500	£192,227	25% below HPI
2011 16 DEC	£120,000	£166,895	28% below HPI

2 CHAPEL ROAD 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 three 2 CHAPEL ROAD sales between December 2011 and December 2017 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 August 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 CHAPEL ROAD be worth now?

2 CHAPEL ROAD might now be worth an estimated £197,776.

This is based on house price inflation of 30.1%, between December 2017 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 30.1% inflationary increase is applied to the most recent sale price for 2 CHAPEL ROAD of £152,000 on 4th December 2017. For the value to have increased from £152,000 to £197,776 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 CHAPEL ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2017 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL ROAD has not materially changed since December 2017.

How Large is 2 CHAPEL ROAD?

2 CHAPEL ROAD is 66m² according to the EPC inspection conducted in October 2017. 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 ROAD lies on this distribution: 4% of detached houses houses are smaller than 2 CHAPEL ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Tetney.

2 CHAPEL ROAD: Plot and Title Map

2 CHAPEL ROAD sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 2 CHAPEL ROAD, 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 ROAD). 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 ROAD?

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