14, GEDNEY CLOSE, GRIMSBY, DN37 9SB - £62,500

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.

14 GEDNEY CLOSE is a detached house, which could now be worth an estimated £175,559. It was last sold for £62,500 in May 2002, which was around 27% below the average May 2002 detached price in the North East Lincolnshire local authority area.

14 GEDNEY CLOSE Sold Prices

Land registry data shows two sales for 14 GEDNEY CLOSE 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 14 GEDNEY CLOSE sales 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
2002 3 MAY	£62,500	£85,592	27% below HPI
2001 24 AUG	£59,500	£79,475	25% below HPI

What might 14 GEDNEY CLOSE be worth now?

14 GEDNEY CLOSE might now be worth an estimated £175,559.

This is based on house price inflation of 180.9%, between May 2002 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 180.9% inflationary increase is applied to the most recent sale price for 14 GEDNEY CLOSE of £62,500 on 3rd May 2002. For the value to have increased from £62,500 to £175,559 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 14 GEDNEY CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The May 2002 sale price of £62,500 represented a fair market value for the property.
• The size, condition, and specification of 14 GEDNEY CLOSE has not materially changed since May 2002.

Where is 14 GEDNEY CLOSE?

14 GEDNEY CLOSE is located in GRIMSBY, in the DN37 postcode district.