393, GRIMSBY ROAD, CLEETHORPES, DN35 7LB - £46,000

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.

393 GRIMSBY ROAD is a midsized extended terraced house of 116m², built sometime between 1900 and 1929, which could now be worth an estimated £164,650. It was last sold for £46,000 in February 2002, which was around 40% above the average February 2002 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

393 GRIMSBY ROAD Sold Prices

Land registry data shows two sales for 393 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. Both of the two 393 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
2002 13 FEB	£46,000	£32,851	40% above HPI
2000 11 AUG	£39,500	£28,250	40% above HPI

393 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 393 GRIMSBY ROAD sales from August 2000 and February 2002 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 August 2000 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2002 sale, which was also at 40% above the HPI.

What might 393 GRIMSBY ROAD be worth now?

393 GRIMSBY ROAD might now be worth an estimated £164,650.

This is based on house price inflation of 257.9%, between February 2002 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 257.9% inflationary increase is applied to the most recent sale price for 393 GRIMSBY ROAD of £46,000 on 13th February 2002. For the value to have increased from £46,000 to £164,650 over the 23 years and nine months to May 2026, the following assumptions must hold true:

• The value of 393 GRIMSBY ROAD has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The February 2002 sale price of £46,000 represented a fair market value for the property.
• The size, condition, and specification of 393 GRIMSBY ROAD has not materially changed since February 2002.

How Large is 393 GRIMSBY ROAD?

393 GRIMSBY ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 50% 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 393 GRIMSBY ROAD lies on this distribution: 59% of terraced houses houses are smaller than 393 GRIMSBY ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

393 GRIMSBY ROAD: Plot and Title Map

393 GRIMSBY ROAD sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 393 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 393 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 393 GRIMSBY ROAD?

393 GRIMSBY ROAD is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 393 on GRIMSBY ROAD.