78, GRIMSBY ROAD, CLEETHORPES, DN35 7DP - £103,500

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.

78 GRIMSBY ROAD is a very large terraced house of 165m², built sometime between 1930 and 1949, which could now be worth an estimated £161,379. It was last sold for £103,500 in May 2012, which was around 37% above the average May 2012 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was F, and the potential energy rating was D.

78 GRIMSBY ROAD Sold Prices

Land registry data shows two sales for 78 GRIMSBY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. One of the two 78 GRIMSBY ROAD sales was for above the average price, whilst the other was 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
2012 17 MAY	£103,500	£75,413	37% above HPI
2011 14 SEP	£55,000	£74,265	26% below HPI

78 GRIMSBY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 78 GRIMSBY ROAD sales from September 2011 and May 2012 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 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2012 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 78 GRIMSBY ROAD be worth now?

78 GRIMSBY ROAD might now be worth an estimated £161,379.

This is based on house price inflation of 55.9%, between May 2012 and May 2026, for terraced 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 55.9% inflationary increase is applied to the most recent sale price for 78 GRIMSBY ROAD of £103,500 on 17th May 2012. For the value to have increased from £103,500 to £161,379 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 78 GRIMSBY ROAD has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The May 2012 sale price of £103,500 represented a fair market value for the property.
• The size, condition, and specification of 78 GRIMSBY ROAD has not materially changed since May 2012.

How Large is 78 GRIMSBY ROAD?

78 GRIMSBY ROAD is 165m² according to the EPC inspection conducted in January 2009. This puts it in the largest 20% of terraced houses houses in Cleethorpes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cleethorpes, and where 78 GRIMSBY ROAD lies on this distribution: 90% of terraced houses houses are smaller than 78 GRIMSBY ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

78 GRIMSBY ROAD: Plot and Title Map

78 GRIMSBY ROAD sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 78 GRIMSBY 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 78 GRIMSBY 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 78 GRIMSBY ROAD?

78 GRIMSBY ROAD is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 78 on GRIMSBY ROAD.