391A, GRIMSBY ROAD, CLEETHORPES, DN35 7LB - £28,000

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.

391A GRIMSBY ROAD is a very small terraced house of 54m², built sometime between 1900 and 1929, which could now be worth an estimated £116,495. It was last sold for £28,000 in February 1998, which was around 1% below the average February 1998 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

391A GRIMSBY ROAD Sold Prices

Land registry data shows two sales for 391A GRIMSBY 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. One of the two 391A GRIMSBY ROAD sales was for below the average price, whilst the other was 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
1998 9 FEB	£28,000	£28,262	1% below HPI
1995 18 DEC	£28,000	£26,041	8% above HPI

391A GRIMSBY 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 391A GRIMSBY ROAD sales from December 1995 and February 1998 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 1995 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 1998 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 391A GRIMSBY ROAD be worth now?

391A GRIMSBY ROAD might now be worth an estimated £116,495.

This is based on house price inflation of 316.1%, between February 1998 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 316.1% inflationary increase is applied to the most recent sale price for 391A GRIMSBY ROAD of £28,000 on 9th February 1998. For the value to have increased from £28,000 to £116,495 over the 27 years and nine months to May 2026, the following assumptions must hold true:

• The value of 391A GRIMSBY ROAD has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The February 1998 sale price of £28,000 represented a fair market value for the property.
• The size, condition, and specification of 391A GRIMSBY ROAD has not materially changed since February 1998.

How Large is 391A GRIMSBY ROAD?

391A GRIMSBY ROAD is 54m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of terraced houses houses in Cleethorpes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cleethorpes, and where 391A GRIMSBY ROAD lies on this distribution: 1% of terraced houses houses are smaller than 391A GRIMSBY ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

391A GRIMSBY ROAD: Plot and Title Map

391A GRIMSBY ROAD sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 391A 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 391A 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 391A GRIMSBY ROAD?

391A GRIMSBY ROAD is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 391A on GRIMSBY ROAD.