8, RINOVIA DRIVE, SCARTHO TOP, GRIMSBY, DN33 3GE - £126,000

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 RINOVIA DRIVE is a very small terraced house of 60m², built sometime between 2007 and 2011, which could now be worth an estimated £135,326. It was last sold for £126,000 in November 2021, which was around 19% above the average November 2021 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was A.

8 RINOVIA DRIVE Sold Prices

Land registry data shows three sales for 8 RINOVIA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 8 RINOVIA DRIVE 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
2021 10 NOV	£126,000	£105,455	19% above HPI
2015 12 JUN	£102,000	£80,230	27% above HPI
2012 30 MAR	£109,999	£72,449	52% above HPI

8 RINOVIA DRIVE 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 three 8 RINOVIA DRIVE sales between March 2012 and November 2021 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 June 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 8 RINOVIA DRIVE be worth now?

8 RINOVIA DRIVE might now be worth an estimated £135,326.

This is based on house price inflation of 7.4%, between November 2021 and June 2025, 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 7.4% inflationary increase is applied to the most recent sale price for 8 RINOVIA DRIVE of £126,000 on 10th November 2021. For the value to have increased from £126,000 to £135,326 over the four years and five months to June 2025, the following assumptions must hold true:

• The value of 8 RINOVIA DRIVE has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The November 2021 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RINOVIA DRIVE has not materially changed since November 2021.

How Large is 8 RINOVIA DRIVE?

8 RINOVIA DRIVE is 60m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of terraced houses houses in Grimsby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grimsby, and where 8 RINOVIA DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 8 RINOVIA DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

8 RINOVIA DRIVE: Plot and Title Map

8 RINOVIA DRIVE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 8 RINOVIA DRIVE, 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 RINOVIA DRIVE). 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 RINOVIA DRIVE?

8 RINOVIA DRIVE is located in SCARTHO TOP, in the DN33 postcode district. The below map shows the position of No. 8 on RINOVIA DRIVE.