12, ORMSBY CLOSE, CLEETHORPES, DN35 9PE - £55,000

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.

12 ORMSBY CLOSE is a semi-detached house, which could now be worth an estimated £201,057. It was last sold for £55,000 in February 2001, which was around 28% above the average February 2001 semi-detached price in the North East Lincolnshire local authority area.

12 ORMSBY CLOSE Sold Prices

Land registry data shows two sales for 12 ORMSBY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 12 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
2001 16 FEB	£55,000	£42,915	28% above HPI
1995 25 AUG	£55,500	£39,183	42% above HPI

What might 12 ORMSBY CLOSE be worth now?

12 ORMSBY CLOSE might now be worth an estimated £201,057.

This is based on house price inflation of 265.6%, between February 2001 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 265.6% inflationary increase is applied to the most recent sale price for 12 ORMSBY CLOSE of £55,000 on 16th February 2001. For the value to have increased from £55,000 to £201,057 over the 24 years and ten months to April 2026, the following assumptions must hold true:

• The value of 12 ORMSBY CLOSE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The February 2001 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ORMSBY CLOSE has not materially changed since February 2001.

Where is 12 ORMSBY CLOSE?

12 ORMSBY CLOSE is located in CLEETHORPES, in the DN35 postcode district.