1, MARKHAMS ORCHARD, GRIMSBY, DN33 2LP - £265,000

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 MARKHAMS ORCHARD is a very large extended detached house of 172m², built sometime between 1996 and 2002. It was last sold for £265,000 in April 2018, which was around 49% above the average April 2018 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

1 MARKHAMS ORCHARD Sold Prices

Land registry data shows two sales for 1 MARKHAMS ORCHARD 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 MARKHAMS ORCHARD 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
2018 9 APR	£265,000	£178,371	49% above HPI
1998 5 JUN	£125,000	£68,578	82% above HPI

1 MARKHAMS ORCHARD 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 MARKHAMS ORCHARD sales from June 1998 and April 2018 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 June 1998 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the April 2018 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 1 MARKHAMS ORCHARD be worth now?

1 MARKHAMS ORCHARD might now be worth an estimated £372,800.

This is based on house price inflation of 40.7%, between April 2018 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 40.7% inflationary increase is applied to the most recent sale price for 1 MARKHAMS ORCHARD of £265,000 on 9th April 2018. For the value to have increased from £265,000 to £372,800 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 1 MARKHAMS ORCHARD has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The April 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARKHAMS ORCHARD has not materially changed since April 2018.

How Large is 1 MARKHAMS ORCHARD?

1 MARKHAMS ORCHARD is 172m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% 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 MARKHAMS ORCHARD lies on this distribution: 92% of detached houses houses are smaller than 1 MARKHAMS ORCHARD, and 8% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

1 MARKHAMS ORCHARD: Plot and Title Map

1 MARKHAMS ORCHARD sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 1 MARKHAMS ORCHARD, 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 MARKHAMS ORCHARD). 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 MARKHAMS ORCHARD?

1 MARKHAMS ORCHARD is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 1 on MARKHAMS ORCHARD.