1, LEA DRIVE, GRIMSBY, DN32 9FB - £269,950

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 LEA DRIVE is a midsized detached house of 107m², built sometime between 2003 and 2006. It was last sold for £269,950 in May 2023, which was around 14% above the average May 2023 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

1 LEA DRIVE Sold Prices

Land registry data shows five sales for 1 LEA DRIVE 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. All of the five 1 LEA 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
2023 19 MAY	£269,950	£236,609	14% above HPI
2017 26 APR	£195,000	£188,133	4% above HPI
2004 22 MAR	£175,000	£126,071	39% above HPI
2002 16 DEC	£137,000	£97,762	40% above HPI
2001 31 JUL	£108,995	£79,095	38% above HPI

1 LEA 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 five 1 LEA DRIVE sales between July 2001 and May 2023 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 April 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 1 LEA DRIVE?

1 LEA DRIVE is 107m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% 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 LEA DRIVE lies on this distribution: 47% of detached houses are smaller than 1 LEA DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

1 LEA DRIVE: Plot and Title Map

1 LEA DRIVE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 1 LEA 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 LEA 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 LEA DRIVE?

1 LEA DRIVE is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 1 on LEA DRIVE.