2, MARSHALL CLOSE, LACEBY, GRIMSBY, DN37 7FG - £167,000

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 MARSHALL CLOSE is a very small detached house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £216,002. It was last sold for £167,000 in September 2017, which was around 11% below the average September 2017 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

2 MARSHALL CLOSE Sold Prices

Land registry data shows two sales for 2 MARSHALL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. One of the two 2 MARSHALL CLOSE sales was for below the average price, whilst the other was 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
2017 19 SEP	£167,000	£188,094	11% below HPI
2004 23 NOV	£152,000	£141,339	8% above HPI

2 MARSHALL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 2 MARSHALL CLOSE sales from November 2004 and September 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 November 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 MARSHALL CLOSE be worth now?

2 MARSHALL CLOSE might now be worth an estimated £216,002.

This is based on house price inflation of 29.3%, between September 2017 and April 2026, for 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 29.3% inflationary increase is applied to the most recent sale price for 2 MARSHALL CLOSE of £167,000 on 19th September 2017. For the value to have increased from £167,000 to £216,002 over the nine years and five months to April 2026, the following assumptions must hold true:

• The value of 2 MARSHALL CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The September 2017 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARSHALL CLOSE has not materially changed since September 2017.

How Large is 2 MARSHALL CLOSE?

2 MARSHALL CLOSE is 90m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses houses in Laceby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laceby, and where 2 MARSHALL CLOSE lies on this distribution: 14% of detached houses houses are smaller than 2 MARSHALL CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Laceby.

2 MARSHALL CLOSE: Plot and Title Map

2 MARSHALL CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 MARSHALL 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 2 MARSHALL 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 2 MARSHALL CLOSE?

2 MARSHALL CLOSE is located in LACEBY, in the DN37 postcode district. The below map shows the position of No. 2 on MARSHALL CLOSE.