245, LOUTH ROAD, GRIMSBY, DN33 2JX - £345,000

245 LOUTH ROAD is a very large extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £345,000 in August 2023, which was around 41% above the average August 2023 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

245 LOUTH ROAD Sold Prices

Land registry data shows four sales for 245 LOUTH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four 245 LOUTH ROAD 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
2023 31 AUG	£345,000	£244,363	41% above HPI
2015 9 DEC	£271,250	£171,658	58% above HPI
2006 1 DEC	£242,500	£168,648	44% above HPI
2002 13 NOV	£119,950	£99,023	21% above HPI

245 LOUTH ROAD 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 four 245 LOUTH ROAD sales between November 2002 and August 2023 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 2015 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2023 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 245 LOUTH ROAD?

245 LOUTH ROAD is 142m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 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 245 LOUTH ROAD lies on this distribution: 81% of detached houses are smaller than 245 LOUTH ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

245 LOUTH ROAD: Plot and Title Map

245 LOUTH ROAD sits on a plot of roughly 0.211 of an acre, or 855m². The below map shows the location of 245 LOUTH 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 245 LOUTH 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 245 LOUTH ROAD?

245 LOUTH ROAD is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 245 on LOUTH ROAD.