1, BUTTERCROSS CLOSE, STALLINGBOROUGH, GRIMSBY, DN41 8TB - £230,000

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.

1 BUTTERCROSS CLOSE is a midsized extended detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £264,485. It was last sold for £230,000 in August 2021, which was around 5% above the average August 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was A.

1 BUTTERCROSS CLOSE Sold Prices

Land registry data shows five sales for 1 BUTTERCROSS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Most of the five 1 BUTTERCROSS 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
2021 16 AUG	£230,000	£219,656	5% above HPI
2017 29 AUG	£195,000	£186,333	5% above HPI
2011 18 APR	£160,000	£163,925	2% below HPI
2001 10 AUG	£70,500	£79,475	11% below HPI
1998 19 JUN	£65,000	£68,578	5% below HPI

1 BUTTERCROSS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The five 1 BUTTERCROSS CLOSE sales between June 1998 and August 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2021 sale, which was also at 5% above the HPI.

What might 1 BUTTERCROSS CLOSE be worth now?

1 BUTTERCROSS CLOSE might now be worth an estimated £264,485.

This is based on house price inflation of 15%, between August 2021 and February 2025, 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 15% inflationary increase is applied to the most recent sale price for 1 BUTTERCROSS CLOSE of £230,000 on 16th August 2021. For the value to have increased from £230,000 to £264,485 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 1 BUTTERCROSS CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The August 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BUTTERCROSS CLOSE has not materially changed since August 2021.

How Large is 1 BUTTERCROSS CLOSE?

1 BUTTERCROSS CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses houses in Stallingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stallingborough, and where 1 BUTTERCROSS CLOSE lies on this distribution: 44% of detached houses houses are smaller than 1 BUTTERCROSS CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Stallingborough.

1 BUTTERCROSS CLOSE: Plot and Title Map

1 BUTTERCROSS CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 1 BUTTERCROSS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 BUTTERCROSS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 BUTTERCROSS CLOSE?

1 BUTTERCROSS CLOSE is located in STALLINGBOROUGH, in the DN41 postcode district. The below map shows the position of No. 1 on BUTTERCROSS CLOSE.