3, LUDGATE CLOSE, WALTHAM, GRIMSBY, DN37 0LX - £148,500

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.

3 LUDGATE CLOSE is a small extended semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £190,597. It was last sold for £148,500 in November 2018, which was around 23% above the average November 2018 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

3 LUDGATE CLOSE Sold Prices

Land registry data shows two sales for 3 LUDGATE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. One of the two 3 LUDGATE CLOSE sales was for above the average price, whilst the other was 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
2018 15 NOV	£148,500	£121,017	23% above HPI
2018 23 MAY	£107,500	£115,547	7% below HPI

3 LUDGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 3 LUDGATE CLOSE sales from May 2018 and November 2018 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 May 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2018 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 3 LUDGATE CLOSE be worth now?

3 LUDGATE CLOSE might now be worth an estimated £190,597.

This is based on house price inflation of 28.3%, between November 2018 and May 2026, for semi-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 28.3% inflationary increase is applied to the most recent sale price for 3 LUDGATE CLOSE of £148,500 on 15th November 2018. For the value to have increased from £148,500 to £190,597 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 3 LUDGATE CLOSE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The November 2018 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LUDGATE CLOSE has not materially changed since November 2018.

How Large is 3 LUDGATE CLOSE?

3 LUDGATE CLOSE is 90m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of semi-detached houses houses in Waltham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Waltham, and where 3 LUDGATE CLOSE lies on this distribution: 27% of semi-detached houses houses are smaller than 3 LUDGATE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Waltham.

3 LUDGATE CLOSE: Plot and Title Map

3 LUDGATE CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 3 LUDGATE 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 3 LUDGATE 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 3 LUDGATE CLOSE?

3 LUDGATE CLOSE is located in WALTHAM, in the DN37 postcode district. The below map shows the position of No. 3 on LUDGATE CLOSE.