68, SPRING BANK, GRIMSBY, DN34 4DB - £60,000

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.

68 SPRING BANK is a very small extended terraced house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £87,120. It was last sold for £60,000 in June 2010, which was around 26% below the average June 2010 terraced price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

68 SPRING BANK Sold Prices

Land registry data shows four sales for 68 SPRING BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four 68 SPRING BANK 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
2010 18 JUN	£60,000	£80,930	26% below HPI
2006 8 MAR	£55,000	£74,933	27% below HPI
2005 24 NOV	£45,000	£72,661	38% below HPI
2005 24 NOV	£45,000	£72,661	38% below HPI

What might 68 SPRING BANK be worth now?

68 SPRING BANK might now be worth an estimated £87,120.

This is based on house price inflation of 45.2%, between June 2010 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 45.2% inflationary increase is applied to the most recent sale price for 68 SPRING BANK of £60,000 on 18th June 2010. For the value to have increased from £60,000 to £87,120 over the fifteen years and eleven months to July 2026, the following assumptions must hold true:

• The value of 68 SPRING BANK has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The June 2010 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 68 SPRING BANK has not materially changed since June 2010.

How Large is 68 SPRING BANK?

68 SPRING BANK is 68m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of terraced houses in Grimsby, based on EPC data. The below chart shows the distribution of terraced houses by size in Grimsby, and where 68 SPRING BANK lies on this distribution: 14% of terraced houses are smaller than 68 SPRING BANK, and 85% of terraced houses are larger. Note that EPC data is not available for all properties in Grimsby.

68 SPRING BANK: Plot

68 SPRING BANK sits on a plot of roughly 0.021 of an acre, or 84m².

Where is 68 SPRING BANK?

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