39, SPRINGFIELD ROAD, GRIMSBY, DN33 3JG - £114,000

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.

39 SPRINGFIELD ROAD is a small extended terraced house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £169,024. It was last sold for £114,000 in June 2015, which was around 42% above the average June 2015 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

39 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 39 SPRINGFIELD ROAD 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 39 SPRINGFIELD 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
2015 5 JUN	£114,000	£80,230	42% above HPI
2010 30 SEP	£90,000	£82,640	9% above HPI

39 SPRINGFIELD ROAD 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 39 SPRINGFIELD ROAD sales from September 2010 and June 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 September 2010 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2015 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 39 SPRINGFIELD ROAD be worth now?

39 SPRINGFIELD ROAD might now be worth an estimated £169,024.

This is based on house price inflation of 48.3%, between June 2015 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 48.3% inflationary increase is applied to the most recent sale price for 39 SPRINGFIELD ROAD of £114,000 on 5th June 2015. For the value to have increased from £114,000 to £169,024 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 39 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The June 2015 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 39 SPRINGFIELD ROAD has not materially changed since June 2015.

How Large is 39 SPRINGFIELD ROAD?

39 SPRINGFIELD ROAD is 86m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 39 SPRINGFIELD ROAD lies on this distribution: 22% of terraced houses houses are smaller than 39 SPRINGFIELD ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

39 SPRINGFIELD ROAD: Plot and Title Map

39 SPRINGFIELD ROAD sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 39 SPRINGFIELD 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 39 SPRINGFIELD 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 39 SPRINGFIELD ROAD?

39 SPRINGFIELD ROAD is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 39 on SPRINGFIELD ROAD.