10, LEALAND CLOSE, LACEBY, GRIMSBY, DN37 7FJ - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 LEALAND CLOSE is a small extended detached house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £298,954. It was last sold for £250,000 in June 2021, which was around 18% above the average June 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

10 LEALAND CLOSE Sold Prices

Land registry data shows two sales for 10 LEALAND CLOSE 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 10 LEALAND CLOSE 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
2021 18 JUN	£250,000	£211,228	18% above HPI
2005 14 DEC	£183,000	£152,281	20% above HPI

10 LEALAND CLOSE 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 10 LEALAND CLOSE sales from December 2005 and June 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 December 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 10 LEALAND CLOSE be worth now?

10 LEALAND CLOSE might now be worth an estimated £298,954.

This is based on house price inflation of 19.6%, between June 2021 and February 2025, 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 19.6% inflationary increase is applied to the most recent sale price for 10 LEALAND CLOSE of £250,000 on 18th June 2021. For the value to have increased from £250,000 to £298,954 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 10 LEALAND CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The June 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LEALAND CLOSE has not materially changed since June 2021.

How Large is 10 LEALAND CLOSE?

10 LEALAND CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses houses in Laceby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laceby, and where 10 LEALAND CLOSE lies on this distribution: 25% of detached houses houses are smaller than 10 LEALAND CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Laceby.

10 LEALAND CLOSE: Plot and Title Map

10 LEALAND CLOSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 10 LEALAND CLOSE, 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 10 LEALAND CLOSE). 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 10 LEALAND CLOSE?

10 LEALAND CLOSE is located in LACEBY, in the DN37 postcode district. The below map shows the position of No. 10 on LEALAND CLOSE.