21, DURBAN ROAD, GRIMSBY, DN32 8BD - £45,000

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.

21 DURBAN ROAD is a small terraced house of 95m², built sometime between 1900 and 1929, which could now be worth an estimated £60,517. It was last sold for £45,000 in April 2019, which was around 49% below the average April 2019 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was C.

21 DURBAN ROAD Sold Prices

Land registry data shows two sales for 21 DURBAN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 21 DURBAN 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
2019 4 APR	£45,000	£87,435	49% below HPI
1998 30 JUN	£19,000	£29,346	35% below HPI

21 DURBAN ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 21 DURBAN ROAD sales from June 1998 and April 2019 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 June 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 21 DURBAN ROAD be worth now?

21 DURBAN ROAD might now be worth an estimated £60,517.

This is based on house price inflation of 34.5%, between April 2019 and May 2026, for terraced 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 34.5% inflationary increase is applied to the most recent sale price for 21 DURBAN ROAD of £45,000 on 4th April 2019. For the value to have increased from £45,000 to £60,517 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 21 DURBAN ROAD has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The April 2019 sale price of £45,000 represented a fair market value for the property.
• The size, condition, and specification of 21 DURBAN ROAD has not materially changed since April 2019.

How Large is 21 DURBAN ROAD?

21 DURBAN ROAD is 95m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of terraced houses houses in Grimsby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grimsby, and where 21 DURBAN ROAD lies on this distribution: 31% of terraced houses houses are smaller than 21 DURBAN ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

21 DURBAN ROAD: Plot and Title Map

21 DURBAN ROAD sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 21 DURBAN 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 21 DURBAN 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 21 DURBAN ROAD?

21 DURBAN ROAD is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 21 on DURBAN ROAD.