116, SPRING BANK, GRIMSBY, DN34 4DB - £39,900

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.

116 SPRING BANK is a terraced house, which could now be worth an estimated £123,474. It was last sold for £39,900 in September 2002, which was around 5% above the average September 2002 terraced price in the North East Lincolnshire local authority area.

116 SPRING BANK Sold Prices

Land registry data shows one sale for 116 SPRING BANK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 27 SEP	£39,900	£37,973	5% above HPI

What might 116 SPRING BANK be worth now?

116 SPRING BANK might now be worth an estimated £123,474.

This is based on house price inflation of 209.5%, between September 2002 and July 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 209.5% inflationary increase is applied to the most recent sale price for 116 SPRING BANK of £39,900 on 27th September 2002. For the value to have increased from £39,900 to £123,474 over the 24 years and two months to July 2026, the following assumptions must hold true:

• The value of 116 SPRING BANK has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The September 2002 sale price of £39,900 represented a fair market value for the property.
• The size, condition, and specification of 116 SPRING BANK has not materially changed since September 2002.

Where is 116 SPRING BANK?

116 SPRING BANK is located in GRIMSBY, in the DN34 postcode district.