55, SPRING BANK, GRIMSBY, DN34 4BL - £27,000

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.

55 SPRING BANK is a small extended terraced house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £111,840. It was last sold for £27,000 in July 1996, which was around 5% below the average July 1996 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

55 SPRING BANK Sold Prices

Land registry data shows one sale for 55 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
1996 31 JUL	£27,000	£28,369	5% below HPI

What might 55 SPRING BANK be worth now?

55 SPRING BANK might now be worth an estimated £111,840.

This is based on house price inflation of 314.2%, between July 1996 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 314.2% inflationary increase is applied to the most recent sale price for 55 SPRING BANK of £27,000 on 31st July 1996. For the value to have increased from £27,000 to £111,840 over the 30 years to July 2026, the following assumptions must hold true:

• The value of 55 SPRING BANK has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The July 1996 sale price of £27,000 represented a fair market value for the property.
• The size, condition, and specification of 55 SPRING BANK has not materially changed since July 1996.

How Large is 55 SPRING BANK?

55 SPRING BANK is 73m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of terraced houses in Grimsby, based on EPC data. The below chart shows the distribution of terraced houses by size in Grimsby, and where 55 SPRING BANK lies on this distribution: 20% of terraced houses are smaller than 55 SPRING BANK, and 78% of terraced houses are larger. Note that EPC data is not available for all properties in Grimsby.

55 SPRING BANK: Plot

55 SPRING BANK sits on a plot of roughly 0.023 of an acre, or 92m².

Where is 55 SPRING BANK?

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