2, ORION WAY, GRIMSBY, DN34 5UA - £130,000

2 ORION WAY is a very small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £130,000 in May 2017, which was around 31% below the average May 2017 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

2 ORION WAY Sold Prices

Land registry data shows three sales for 2 ORION WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 2 ORION WAY 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 2 MAY	£130,000	£187,337	31% below HPI
2012 17 AUG	£100,000	£161,971	38% below HPI
2001 10 JUL	£53,500	£79,095	32% below HPI

2 ORION WAY 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 three 2 ORION WAY sales between July 2001 and May 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 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 ORION WAY?

2 ORION WAY is 82m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 2 ORION WAY lies on this distribution: 19% of detached houses are smaller than 2 ORION WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

2 ORION WAY: Plot and Title Map

2 ORION WAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 ORION WAY, 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 ORION WAY). 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 ORION WAY?

2 ORION WAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 2 on ORION WAY.