MINERVA, BORMANS LANE, NORTH THORESBY, GRIMSBY, DN36 5RQ - £200,000

MINERVA is a small detached house of 113m², built sometime between 1950 and 1966. It was last sold for £200,000 in January 2015, which was around 15% above the average January 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

MINERVA Sold Prices

Land registry data shows three sales for MINERVA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the three MINERVA sales was for above the average price, whilst two were 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
2015 6 JAN	£200,000	£174,154	15% above HPI
2006 24 MAY	£172,000	£179,287	4% below HPI
2001 28 NOV	£86,950	£89,506	3% below HPI

MINERVA Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three MINERVA sales between November 2001 and January 2015 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 May 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2015 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is MINERVA?

MINERVA is 113m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in North Thoresby, based on EPC data. The below chart shows the distribution of detached houses by size in North Thoresby, and where MINERVA lies on this distribution: 34% of detached houses are smaller than MINERVA, and 65% of houses are larger. Note that EPC data is not available for all properties in North Thoresby.

MINERVA: Plot and Title Map

MINERVA sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of MINERVA, 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 MINERVA). 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 MINERVA?

MINERVA is located on BORMANS LANE in NORTH THORESBY, in the DN36 postcode district. The below map shows the position of MINERVA on BORMANS LANE.