23, WILLOW CLOSE, LACEBY, GRIMSBY, DN37 7SW - £86,500

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.

23 WILLOW CLOSE is a small detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £282,559. It was last sold for £86,500 in March 2001, which was around 18% above the average March 2001 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

23 WILLOW CLOSE Sold Prices

Land registry data shows three sales for 23 WILLOW 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 North East Lincolnshire local authority area for the corresponding sale date. All of the three 23 WILLOW CLOSE sales were 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
2001 23 MAR	£86,500	£73,601	18% above HPI
1999 15 DEC	£79,000	£69,945	13% above HPI
1998 20 NOV	£80,000	£67,563	18% above HPI

23 WILLOW 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 three 23 WILLOW CLOSE sales between November 1998 and March 2001 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 December 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2001 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 23 WILLOW CLOSE be worth now?

23 WILLOW CLOSE might now be worth an estimated £282,559.

This is based on house price inflation of 226.7%, between March 2001 and May 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 226.7% inflationary increase is applied to the most recent sale price for 23 WILLOW CLOSE of £86,500 on 23rd March 2001. For the value to have increased from £86,500 to £282,559 over the 24 years and ten months to May 2026, the following assumptions must hold true:

• The value of 23 WILLOW CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The March 2001 sale price of £86,500 represented a fair market value for the property.
• The size, condition, and specification of 23 WILLOW CLOSE has not materially changed since March 2001.

How Large is 23 WILLOW CLOSE?

23 WILLOW CLOSE is 107m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% 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 23 WILLOW CLOSE lies on this distribution: 33% of detached houses houses are smaller than 23 WILLOW CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Laceby.

23 WILLOW CLOSE: Plot and Title Map

23 WILLOW CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 23 WILLOW 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 23 WILLOW 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 23 WILLOW CLOSE?

23 WILLOW CLOSE is located in LACEBY, in the DN37 postcode district. The below map shows the position of No. 23 on WILLOW CLOSE.