38, PINFOLD LANE, GRIMSBY, DN33 2EW - £131,500

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.

38 PINFOLD LANE is a small extended terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £176,753. It was last sold for £131,500 in July 2018, which was around 49% above the average July 2018 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

38 PINFOLD LANE Sold Prices

Land registry data shows five sales for 38 PINFOLD LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. All of the five 38 PINFOLD LANE 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
2018 18 JUL	£131,500	£88,499	49% above HPI
2005 21 DEC	£119,500	£74,369	61% above HPI
2004 17 MAR	£86,000	£54,042	59% above HPI
1999 5 NOV	£49,500	£28,575	73% above HPI
1998 31 JUL	£44,500	£29,365	52% above HPI

38 PINFOLD LANE 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 five 38 PINFOLD LANE sales between July 1998 and July 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 December 2005 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2018 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 38 PINFOLD LANE be worth now?

38 PINFOLD LANE might now be worth an estimated £176,753.

This is based on house price inflation of 34.4%, between July 2018 and April 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 34.4% inflationary increase is applied to the most recent sale price for 38 PINFOLD LANE of £131,500 on 18th July 2018. For the value to have increased from £131,500 to £176,753 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 38 PINFOLD LANE has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The July 2018 sale price of £131,500 represented a fair market value for the property.
• The size, condition, and specification of 38 PINFOLD LANE has not materially changed since July 2018.

How Large is 38 PINFOLD LANE?

38 PINFOLD LANE is 85m², which includes one extension, according to the EPC inspection conducted in February 2018. 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 PINFOLD LANE lies on this distribution: 21% of terraced houses houses are smaller than 38 PINFOLD LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

38 PINFOLD LANE: Plot and Title Map

38 PINFOLD LANE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 38 PINFOLD LANE, 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 PINFOLD LANE). 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 PINFOLD LANE?

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