7, PENNINE CLOSE, IMMINGHAM, DN40 2RR - £99,000

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.

7 PENNINE CLOSE is a very small semi-detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £152,484. It was last sold for £99,000 in February 2014, which was around 2% below the average February 2014 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

7 PENNINE CLOSE Sold Prices

Land registry data shows three sales for 7 PENNINE CLOSE 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. Two of the three 7 PENNINE CLOSE sales were for below the average price, whilst one was 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
2014 21 FEB	£99,000	£100,843	2% below HPI
2003 14 FEB	£31,000	£59,121	48% below HPI
2000 10 MAR	£43,500	£40,786	7% above HPI

7 PENNINE CLOSE 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 7 PENNINE CLOSE sales between March 2000 and February 2014 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 February 2003 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 7 PENNINE CLOSE be worth now?

7 PENNINE CLOSE might now be worth an estimated £152,484.

This is based on house price inflation of 54%, between February 2014 and May 2026, 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 54% inflationary increase is applied to the most recent sale price for 7 PENNINE CLOSE of £99,000 on 21st February 2014. For the value to have increased from £99,000 to £152,484 over the eleven years and nine months to May 2026, the following assumptions must hold true:

• The value of 7 PENNINE CLOSE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The February 2014 sale price of £99,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PENNINE CLOSE has not materially changed since February 2014.

How Large is 7 PENNINE CLOSE?

7 PENNINE CLOSE is 60m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of semi-detached houses houses in Immingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Immingham, and where 7 PENNINE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 7 PENNINE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Immingham.

7 PENNINE CLOSE: Plot and Title Map

7 PENNINE CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 7 PENNINE CLOSE, 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 7 PENNINE CLOSE). 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 7 PENNINE CLOSE?

7 PENNINE CLOSE is located in IMMINGHAM, in the DN40 postcode district. The below map shows the position of No. 7 on PENNINE CLOSE.