4, ALFRED TERRACE MEWS, GRIMSBY, DN32 0QY - £167,500

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.

4 ALFRED TERRACE MEWS is a small semi-detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £185,905. It was last sold for £167,500 in June 2022, which was around 14% above the average June 2022 semi-detached 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.

4 ALFRED TERRACE MEWS Sold Prices

Land registry data shows three sales for 4 ALFRED TERRACE MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 4 ALFRED TERRACE MEWS 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
2022 8 JUN	£167,500	£146,949	14% above HPI
2020 30 SEP	£133,000	£125,731	6% above HPI
2017 11 AUG	£137,500	£117,074	17% above HPI

4 ALFRED TERRACE MEWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The three 4 ALFRED TERRACE MEWS sales between August 2017 and June 2022 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 2020 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 4 ALFRED TERRACE MEWS be worth now?

4 ALFRED TERRACE MEWS might now be worth an estimated £185,905.

This is based on house price inflation of 11%, between June 2022 and March 2025, for semi-detached 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 11% inflationary increase is applied to the most recent sale price for 4 ALFRED TERRACE MEWS of £167,500 on 8th June 2022. For the value to have increased from £167,500 to £185,905 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of 4 ALFRED TERRACE MEWS has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The June 2022 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ALFRED TERRACE MEWS has not materially changed since June 2022.

How Large is 4 ALFRED TERRACE MEWS?

4 ALFRED TERRACE MEWS is 94m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of semi-detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimsby, and where 4 ALFRED TERRACE MEWS lies on this distribution: 31% of semi-detached houses houses are smaller than 4 ALFRED TERRACE MEWS, and 68% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

4 ALFRED TERRACE MEWS: Plot and Title Map

4 ALFRED TERRACE MEWS sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of 4 ALFRED TERRACE MEWS, 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 4 ALFRED TERRACE MEWS). 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 4 ALFRED TERRACE MEWS?

4 ALFRED TERRACE MEWS is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 4 on ALFRED TERRACE MEWS.