42, WARWICK ROAD, CLEETHORPES, DN35 9EX - £158,000

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.

42 WARWICK ROAD is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £196,341. It was last sold for £158,000 in August 2019, which was around 18% below the average August 2019 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

42 WARWICK ROAD Sold Prices

Land registry data shows two sales for 42 WARWICK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 42 WARWICK ROAD sales were for below 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
2019 5 AUG	£158,000	£193,474	18% below HPI
2009 5 AUG	£121,000	£160,067	24% below HPI

42 WARWICK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 42 WARWICK ROAD sales from August 2009 and August 2019 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 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 42 WARWICK ROAD be worth now?

42 WARWICK ROAD might now be worth an estimated £196,341.

This is based on house price inflation of 24.3%, between August 2019 and May 2026, for 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 24.3% inflationary increase is applied to the most recent sale price for 42 WARWICK ROAD of £158,000 on 5th August 2019. For the value to have increased from £158,000 to £196,341 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 42 WARWICK ROAD has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The August 2019 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 42 WARWICK ROAD has not materially changed since August 2019.

How Large is 42 WARWICK ROAD?

42 WARWICK ROAD is 72m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Cleethorpes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleethorpes, and where 42 WARWICK ROAD lies on this distribution: 9% of detached houses houses are smaller than 42 WARWICK ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

42 WARWICK ROAD: Plot and Title Map

42 WARWICK ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 42 WARWICK 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 42 WARWICK 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 42 WARWICK ROAD?

42 WARWICK ROAD is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 42 on WARWICK ROAD.