24A, AIRE CLOSE, IMMINGHAM, DN40 2DT - £92,500

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.

24A AIRE CLOSE is a very small terraced house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £102,293. It was last sold for £92,500 in February 2022, which was around 13% below the average February 2022 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

24A AIRE CLOSE Sold Prices

Land registry data shows three sales for 24A AIRE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. The three 24A AIRE CLOSE sales were a mix of below the average price, and roughly equal to 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
2022 1 FEB	£92,500	£106,328	13% below HPI
2008 15 JAN	£90,000	£92,009	2% below HPI
2004 15 MAR	£54,000	£54,042	Close to HPI

24A AIRE CLOSE 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 three 24A AIRE CLOSE sales between March 2004 and February 2022 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 January 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 24A AIRE CLOSE be worth now?

24A AIRE CLOSE might now be worth an estimated £102,293.

This is based on house price inflation of 10.6%, between February 2022 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 10.6% inflationary increase is applied to the most recent sale price for 24A AIRE CLOSE of £92,500 on 1st February 2022. For the value to have increased from £92,500 to £102,293 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 24A AIRE CLOSE has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The February 2022 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 24A AIRE CLOSE has not materially changed since February 2022.

How Large is 24A AIRE CLOSE?

24A AIRE CLOSE is 52m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of terraced houses houses in Immingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Immingham, and where 24A AIRE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 24A AIRE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Immingham.

24A AIRE CLOSE: Plot and Title Map

24A AIRE CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 24A AIRE 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 24A AIRE 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 24A AIRE CLOSE?

24A AIRE CLOSE is located in IMMINGHAM, in the DN40 postcode district. The below map shows the position of No. 24A on AIRE CLOSE.