2, MUMBY CLOSE, NORTH THORESBY, GRIMSBY, DN36 5RL - £225,000

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 MUMBY CLOSE is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £257,137. It was last sold for £225,000 in September 2021, which was around 10% below the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

2 MUMBY CLOSE Sold Prices

Land registry data shows two sales for 2 MUMBY 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 East Lindsey local authority area for the corresponding sale date. Both of the two 2 MUMBY 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
2021 6 SEP	£225,000	£249,278	10% below HPI
1996 10 SEP	£52,000	£58,955	12% below HPI

2 MUMBY CLOSE 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 MUMBY CLOSE sales from September 1996 and September 2021 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 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 MUMBY CLOSE be worth now?

2 MUMBY CLOSE might now be worth an estimated £257,137.

This is based on house price inflation of 14.3%, between September 2021 and March 2025, 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 14.3% inflationary increase is applied to the most recent sale price for 2 MUMBY CLOSE of £225,000 on 6th September 2021. For the value to have increased from £225,000 to £257,137 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 2 MUMBY CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MUMBY CLOSE has not materially changed since September 2021.

How Large is 2 MUMBY CLOSE?

2 MUMBY CLOSE is 72m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in North Thoresby, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Thoresby, and where 2 MUMBY CLOSE lies on this distribution: 1% of detached houses houses are smaller than 2 MUMBY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in North Thoresby.

2 MUMBY CLOSE: Plot and Title Map

2 MUMBY CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 MUMBY 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 MUMBY 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 MUMBY CLOSE?

2 MUMBY CLOSE is located in NORTH THORESBY, in the DN36 postcode district. The below map shows the position of No. 2 on MUMBY CLOSE.