1, CORMORANT DRIVE, GRIMSBY, DN37 9PA - £227,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CORMORANT DRIVE is a large extended detached house of 134m², built sometime between 1983 and 1990. It was last sold for £227,500 in February 2016, which was around 35% above the average February 2016 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

1 CORMORANT DRIVE Sold Prices

Land registry data shows two sales for 1 CORMORANT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 1 CORMORANT DRIVE sales were for above 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
2016 26 FEB	£227,500	£168,649	35% above HPI
2011 25 FEB	£215,000	£156,315	38% above HPI

1 CORMORANT DRIVE 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 two 1 CORMORANT DRIVE sales from February 2011 and February 2016 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 February 2011 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2016 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 1 CORMORANT DRIVE be worth now?

1 CORMORANT DRIVE might now be worth an estimated £338,495.

This is based on house price inflation of 48.8%, between February 2016 and December 2024, 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 48.8% inflationary increase is applied to the most recent sale price for 1 CORMORANT DRIVE of £227,500 on 26th February 2016. For the value to have increased from £227,500 to £338,495 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 1 CORMORANT DRIVE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The February 2016 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 1 CORMORANT DRIVE has not materially changed since February 2016.

How Large is 1 CORMORANT DRIVE?

1 CORMORANT DRIVE is 134m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsby, and where 1 CORMORANT DRIVE lies on this distribution: 76% of detached houses houses are smaller than 1 CORMORANT DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

1 CORMORANT DRIVE: Plot and Title Map

1 CORMORANT DRIVE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 1 CORMORANT DRIVE, 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 CORMORANT DRIVE). 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 CORMORANT DRIVE?

1 CORMORANT DRIVE is located in GRIMSBY, in the DN37 postcode district. The below map shows the position of No. 1 on CORMORANT DRIVE.