38, MENDIP AVENUE, GRIMSBY, DN33 3AA - £111,250

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.

38 MENDIP AVENUE is a small terraced house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £160,195. It was last sold for £111,250 in July 2015, which was around 36% above the average July 2015 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

38 MENDIP AVENUE Sold Prices

Land registry data shows two sales for 38 MENDIP AVENUE 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 38 MENDIP AVENUE 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
2015 16 JUL	£111,250	£81,659	36% above HPI
2007 23 MAR	£99,950	£85,449	17% above HPI

38 MENDIP AVENUE 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 38 MENDIP AVENUE sales from March 2007 and July 2015 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 March 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2015 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 38 MENDIP AVENUE be worth now?

38 MENDIP AVENUE might now be worth an estimated £160,195.

This is based on house price inflation of 44%, between July 2015 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 44% inflationary increase is applied to the most recent sale price for 38 MENDIP AVENUE of £111,250 on 16th July 2015. For the value to have increased from £111,250 to £160,195 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 38 MENDIP AVENUE has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The July 2015 sale price of £111,250 represented a fair market value for the property.
• The size, condition, and specification of 38 MENDIP AVENUE has not materially changed since July 2015.

How Large is 38 MENDIP AVENUE?

38 MENDIP AVENUE is 85m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% 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 38 MENDIP AVENUE lies on this distribution: 21% of terraced houses houses are smaller than 38 MENDIP AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

38 MENDIP AVENUE: Plot and Title Map

38 MENDIP AVENUE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 38 MENDIP AVENUE, 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 38 MENDIP AVENUE). 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 38 MENDIP AVENUE?

38 MENDIP AVENUE is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 38 on MENDIP AVENUE.