1, INCHMERY ROAD, GRIMSBY, DN34 4GH - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 INCHMERY ROAD is a very small detached house of 69m², built sometime between 2003 and 2006. It was last sold for £185,000 in December 2022, which was around 24% below the average December 2022 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.

1 INCHMERY ROAD Sold Prices

Land registry data shows two sales for 1 INCHMERY ROAD 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 INCHMERY ROAD 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
2022 7 DEC	£185,000	£244,798	24% below HPI
2013 31 MAY	£139,950	£159,535	12% below HPI

1 INCHMERY ROAD 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 INCHMERY ROAD sales from May 2013 and December 2022 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 May 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 INCHMERY ROAD?

1 INCHMERY ROAD is 69m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 1 INCHMERY ROAD lies on this distribution: 7% of detached houses are smaller than 1 INCHMERY ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

1 INCHMERY ROAD: Plot and Title Map

1 INCHMERY ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 1 INCHMERY ROAD, 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 INCHMERY ROAD). 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 INCHMERY ROAD?

1 INCHMERY ROAD is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 1 on INCHMERY ROAD.