8, THE SPINNEY, GRIMSBY, DN34 4NS - £230,000

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 THE SPINNEY is a detached house, which could now be worth an estimated £313,816. It was last sold for £230,000 in June 2007, which was around 31% above the average June 2007 detached price in the North East Lincolnshire local authority area.

8 THE SPINNEY Sold Prices

Land registry data shows two sales for 8 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 8 THE SPINNEY 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
2007 1 JUN	£230,000	£176,209	31% above HPI
2001 20 JUL	£82,000	£77,609	6% above HPI

What might 8 THE SPINNEY be worth now?

8 THE SPINNEY might now be worth an estimated £313,816.

This is based on house price inflation of 36.4%, between June 2007 and May 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 36.4% inflationary increase is applied to the most recent sale price for 8 THE SPINNEY of £230,000 on 1st June 2007. For the value to have increased from £230,000 to £313,816 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 8 THE SPINNEY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The June 2007 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE SPINNEY has not materially changed since June 2007.

Where is 8 THE SPINNEY?

8 THE SPINNEY is located in GRIMSBY, in the DN34 postcode district.