5, MAXWELL COURT, GRIMSBY, DN34 5TX - £162,000

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.

5 MAXWELL COURT is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £202,014. It was last sold for £162,000 in May 2019, which was around 16% below the average May 2019 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

5 MAXWELL COURT Sold Prices

Land registry data shows two sales for 5 MAXWELL COURT 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 5 MAXWELL COURT 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 14 MAY	£162,000	£192,801	16% below HPI
2007 7 NOV	£146,500	£178,028	18% below HPI

5 MAXWELL COURT 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 5 MAXWELL COURT sales from November 2007 and May 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 November 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 MAXWELL COURT be worth now?

5 MAXWELL COURT might now be worth an estimated £202,014.

This is based on house price inflation of 24.7%, between May 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 24.7% inflationary increase is applied to the most recent sale price for 5 MAXWELL COURT of £162,000 on 14th May 2019. For the value to have increased from £162,000 to £202,014 over the seven years to May 2026, the following assumptions must hold true:

• The value of 5 MAXWELL COURT has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The May 2019 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MAXWELL COURT has not materially changed since May 2019.

How Large is 5 MAXWELL COURT?

5 MAXWELL COURT is 97m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsby, and where 5 MAXWELL COURT lies on this distribution: 34% of detached houses houses are smaller than 5 MAXWELL COURT, and 65% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

5 MAXWELL COURT: Plot and Title Map

5 MAXWELL COURT sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 5 MAXWELL COURT, 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 5 MAXWELL COURT). 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 5 MAXWELL COURT?

5 MAXWELL COURT is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 5 on MAXWELL COURT.