6, BRAETON LANE, GRIMSBY, DN33 2LE - £209,950

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.

6 BRAETON LANE is a very small extended detached house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £263,938. It was last sold for £209,950 in April 2019, which was around 10% above the average April 2019 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was B.

6 BRAETON LANE Sold Prices

Land registry data shows four sales for 6 BRAETON LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Most of the four 6 BRAETON LANE 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
2019 26 APR	£209,950	£190,077	10% above HPI
2017 6 JUL	£200,000	£184,584	8% above HPI
2006 3 NOV	£187,000	£163,702	14% above HPI
1999 17 MAY	£45,000	£69,584	35% below HPI

6 BRAETON LANE 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 four 6 BRAETON LANE sales between May 1999 and April 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 July 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 6 BRAETON LANE be worth now?

6 BRAETON LANE might now be worth an estimated £263,938.

This is based on house price inflation of 25.7%, between April 2019 and July 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 25.7% inflationary increase is applied to the most recent sale price for 6 BRAETON LANE of £209,950 on 26th April 2019. For the value to have increased from £209,950 to £263,938 over the six years and nine months to July 2026, the following assumptions must hold true:

• The value of 6 BRAETON LANE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The April 2019 sale price of £209,950 represented a fair market value for the property.
• The size, condition, and specification of 6 BRAETON LANE has not materially changed since April 2019.

How Large is 6 BRAETON LANE?

6 BRAETON LANE is 76m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% 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 6 BRAETON LANE lies on this distribution: 13% of detached houses houses are smaller than 6 BRAETON LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

6 BRAETON LANE: Plot and Title Map

6 BRAETON LANE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 6 BRAETON LANE, 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 6 BRAETON LANE). 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 6 BRAETON LANE?

6 BRAETON LANE is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 6 on BRAETON LANE.