8, ORMSBY CLOSE, CLEETHORPES, DN35 9PE - £152,000

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.

8 ORMSBY CLOSE is a small extended semi-detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £245,348. It was last sold for £152,000 in March 2011, which was around 56% above the average March 2011 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

8 ORMSBY CLOSE Sold Prices

Land registry data shows three sales for 8 ORMSBY 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. All of the three 8 ORMSBY CLOSE 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
2011 4 MAR	£152,000	£97,191	56% above HPI
2002 22 MAR	£75,950	£48,437	57% above HPI
1998 5 MAY	£59,950	£39,656	51% above HPI

8 ORMSBY 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 8 ORMSBY CLOSE sales between May 1998 and March 2011 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 March 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the March 2011 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 8 ORMSBY CLOSE be worth now?

8 ORMSBY CLOSE might now be worth an estimated £245,348.

This is based on house price inflation of 61.4%, between March 2011 and April 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 61.4% inflationary increase is applied to the most recent sale price for 8 ORMSBY CLOSE of £152,000 on 4th March 2011. For the value to have increased from £152,000 to £245,348 over the fourteen years and eleven months to April 2026, the following assumptions must hold true:

• The value of 8 ORMSBY CLOSE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The March 2011 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ORMSBY CLOSE has not materially changed since March 2011.

How Large is 8 ORMSBY CLOSE?

8 ORMSBY CLOSE is 91m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the smallest 40% of semi-detached houses houses in Cleethorpes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cleethorpes, and where 8 ORMSBY CLOSE lies on this distribution: 35% of semi-detached houses houses are smaller than 8 ORMSBY CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

8 ORMSBY CLOSE: Plot and Title Map

8 ORMSBY CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 8 ORMSBY 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 8 ORMSBY 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 8 ORMSBY CLOSE?

8 ORMSBY CLOSE is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 8 on ORMSBY CLOSE.