338, GRIMSBY ROAD, CLEETHORPES, DN35 8AH - £138,200

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.

338 GRIMSBY ROAD is a midsized extended semi-detached house of 116m², built sometime between 1930 and 1949, which could now be worth an estimated £177,889. It was last sold for £138,200 in November 2019, which was around 15% above the average November 2019 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was E.

338 GRIMSBY ROAD Sold Prices

Land registry data shows two sales for 338 GRIMSBY ROAD 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. Both of the two 338 GRIMSBY 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
2019 1 NOV	£138,200	£120,669	15% above HPI
2010 2 JUL	£150,000	£107,037	40% above HPI

338 GRIMSBY ROAD 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 338 GRIMSBY ROAD sales from July 2010 and November 2019 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 July 2010 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 338 GRIMSBY ROAD be worth now?

338 GRIMSBY ROAD might now be worth an estimated £177,889.

This is based on house price inflation of 28.7%, between November 2019 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 28.7% inflationary increase is applied to the most recent sale price for 338 GRIMSBY ROAD of £138,200 on 1st November 2019. For the value to have increased from £138,200 to £177,889 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 338 GRIMSBY ROAD has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The November 2019 sale price of £138,200 represented a fair market value for the property.
• The size, condition, and specification of 338 GRIMSBY ROAD has not materially changed since November 2019.

How Large is 338 GRIMSBY ROAD?

338 GRIMSBY ROAD is 116m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of semi-detached houses houses in Cleethorpes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cleethorpes, and where 338 GRIMSBY ROAD lies on this distribution: 59% of semi-detached houses houses are smaller than 338 GRIMSBY ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

338 GRIMSBY ROAD: Plot and Title Map

338 GRIMSBY ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 338 GRIMSBY 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 338 GRIMSBY 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 338 GRIMSBY ROAD?

338 GRIMSBY ROAD is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 338 on GRIMSBY ROAD.