56, SPRING BANK, GRIMSBY, DN34 4DB - £64,000

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.

56 SPRING BANK is a small extended terraced house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £68,451. It was last sold for £64,000 in March 2024, which was around 42% below the average March 2024 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

56 SPRING BANK Sold Prices

Land registry data shows one sale for 56 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
2024 15 MAR	£64,000	£109,870	42% below HPI

What might 56 SPRING BANK be worth now?

56 SPRING BANK might now be worth an estimated £68,451.

This is based on house price inflation of 7%, between March 2024 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 7% inflationary increase is applied to the most recent sale price for 56 SPRING BANK of £64,000 on 15th March 2024. For the value to have increased from £64,000 to £68,451 over the one year and eight months to July 2026, the following assumptions must hold true:

• The value of 56 SPRING BANK has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The March 2024 sale price of £64,000 represented a fair market value for the property.
• The size, condition, and specification of 56 SPRING BANK has not materially changed since March 2024.

How Large is 56 SPRING BANK?

56 SPRING BANK is 75m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 56 SPRING BANK lies on this distribution: 25% of terraced houses are smaller than 56 SPRING BANK, and 74% of terraced houses are larger. Note that EPC data is not available for all properties in Grimsby.

56 SPRING BANK: Plot

56 SPRING BANK sits on a plot of roughly 0.022 of an acre, or 91m².

Where is 56 SPRING BANK?

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