2, SWABY CLOSE, MARSHCHAPEL, GRIMSBY, DN36 5SA - £141,000

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 SWABY CLOSE is a small detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £183,816. It was last sold for £141,000 in December 2017, which was around 33% below the average December 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

2 SWABY CLOSE Sold Prices

Land registry data shows three sales for 2 SWABY CLOSE 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 SWABY 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
2017 4 DEC	£141,000	£211,637	33% below HPI
2016 23 SEP	£123,000	£194,731	37% below HPI
2005 1 JUL	£125,500	£170,272	26% below HPI

2 SWABY 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 three 2 SWABY CLOSE sales between July 2005 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 September 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2017 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 SWABY CLOSE be worth now?

2 SWABY CLOSE might now be worth an estimated £183,816.

This is based on house price inflation of 30.4%, between December 2017 and April 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 30.4% inflationary increase is applied to the most recent sale price for 2 SWABY CLOSE of £141,000 on 4th December 2017. For the value to have increased from £141,000 to £183,816 over the nine years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 SWABY CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2017 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SWABY CLOSE has not materially changed since December 2017.

How Large is 2 SWABY CLOSE?

2 SWABY CLOSE is 81m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of detached houses houses in Marshchapel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marshchapel, and where 2 SWABY CLOSE lies on this distribution: 20% of detached houses houses are smaller than 2 SWABY CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Marshchapel.

2 SWABY CLOSE: Plot and Title Map

2 SWABY CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 2 SWABY 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 SWABY 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 SWABY CLOSE?

2 SWABY CLOSE is located in MARSHCHAPEL, in the DN36 postcode district. The below map shows the position of No. 2 on SWABY CLOSE.