2, CARR LANE, GRIMSBY, DN32 8AS - £119,950

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.

2 CARR LANE is a terraced house, which could now be worth an estimated £165,061. It was last sold for £119,950 in March 2007, which was around 40% above the average March 2007 terraced price in the North East Lincolnshire local authority area.

2 CARR LANE Sold Prices

Land registry data shows two sales for 2 CARR LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. One of the two 2 CARR LANE sales was for above the average price, whilst the other was 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
2007 2 MAR	£119,950	£85,449	40% above HPI
2006 1 MAR	£52,000	£74,933	31% below HPI

What might 2 CARR LANE be worth now?

2 CARR LANE might now be worth an estimated £165,061.

This is based on house price inflation of 37.6%, between March 2007 and May 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 37.6% inflationary increase is applied to the most recent sale price for 2 CARR LANE of £119,950 on 2nd March 2007. For the value to have increased from £119,950 to £165,061 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 CARR LANE has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The March 2007 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 2 CARR LANE has not materially changed since March 2007.

Where is 2 CARR LANE?

2 CARR LANE is located in GRIMSBY, in the DN32 postcode district.