1, RINOVIA DRIVE, SCARTHO TOP, GRIMSBY, DN33 3GE - £165,000

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 RINOVIA DRIVE is a very small detached house of 84m². It was last sold for £165,000 in July 2021, which was around 25% below the average July 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

1 RINOVIA DRIVE Sold Prices

Land registry data shows four sales for 1 RINOVIA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four 1 RINOVIA DRIVE 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 2 JUL	£165,000	£219,138	25% below HPI
2021 24 MAY	£170,000	£213,324	20% below HPI
2016 28 APR	£156,000	£178,010	12% below HPI
2011 20 JUN	£152,999	£164,851	7% below HPI

1 RINOVIA 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 four 1 RINOVIA DRIVE sales between June 2011 and July 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 May 2021 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 RINOVIA DRIVE?

1 RINOVIA DRIVE is 84m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% 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 RINOVIA DRIVE lies on this distribution: 20% of detached houses are smaller than 1 RINOVIA DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

1 RINOVIA DRIVE: Plot and Title Map

1 RINOVIA DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 1 RINOVIA 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 RINOVIA 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 RINOVIA DRIVE?

1 RINOVIA DRIVE is located in SCARTHO TOP, in the DN33 postcode district. The below map shows the position of No. 1 on RINOVIA DRIVE.