3, ORION WAY, GRIMSBY, DN34 5TZ - £80,000

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.

3 ORION WAY is a very small terraced house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £114,280. It was last sold for £80,000 in October 2014, which was around 1% above the average October 2014 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

3 ORION WAY Sold Prices

Land registry data shows two sales for 3 ORION WAY 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 3 ORION WAY 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
2014 14 OCT	£80,000	£79,286	1% above HPI
2005 29 NOV	£85,000	£72,661	17% above HPI

3 ORION WAY 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 3 ORION WAY sales from November 2005 and October 2014 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 November 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 ORION WAY be worth now?

3 ORION WAY might now be worth an estimated £114,280.

This is based on house price inflation of 42.8%, between October 2014 and June 2025, 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 42.8% inflationary increase is applied to the most recent sale price for 3 ORION WAY of £80,000 on 14th October 2014. For the value to have increased from £80,000 to £114,280 over the eleven years and four months to June 2025, the following assumptions must hold true:

• The value of 3 ORION WAY has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The October 2014 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ORION WAY has not materially changed since October 2014.

How Large is 3 ORION WAY?

3 ORION WAY is 67m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% 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 3 ORION WAY lies on this distribution: 6% of terraced houses houses are smaller than 3 ORION WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

3 ORION WAY: Plot and Title Map

3 ORION WAY sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 3 ORION WAY, 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 ORION WAY). 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 ORION WAY?

3 ORION WAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 3 on ORION WAY.