12, GRAVEL PIT LANE, KIRMINGTON, ULCEBY, DN39 6YX - £325,000

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.

12 GRAVEL PIT LANE is a small extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £355,458. It was last sold for £325,000 in August 2021, which was around 44% above the average August 2021 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

12 GRAVEL PIT LANE Sold Prices

Land registry data shows four sales for 12 GRAVEL PIT LANE 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 Lincolnshire local authority area for the corresponding sale date. All of the four 12 GRAVEL PIT LANE 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 24 AUG	£325,000	£226,215	44% above HPI
2019 3 DEC	£295,000	£195,908	51% above HPI
2004 17 DEC	£160,000	£155,038	3% above HPI
1998 31 JUL	£66,950	£64,149	4% above HPI

12 GRAVEL PIT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The four 12 GRAVEL PIT LANE sales between July 1998 and August 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 2019 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2021 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 12 GRAVEL PIT LANE be worth now?

12 GRAVEL PIT LANE might now be worth an estimated £355,458.

This is based on house price inflation of 9.4%, between August 2021 and February 2025, for detached houses, in the North Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.4% inflationary increase is applied to the most recent sale price for 12 GRAVEL PIT LANE of £325,000 on 24th August 2021. For the value to have increased from £325,000 to £355,458 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 12 GRAVEL PIT LANE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The August 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GRAVEL PIT LANE has not materially changed since August 2021.

How Large is 12 GRAVEL PIT LANE?

12 GRAVEL PIT LANE is 131m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses houses in Kirmington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirmington, and where 12 GRAVEL PIT LANE lies on this distribution: 29% of detached houses houses are smaller than 12 GRAVEL PIT LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Kirmington.

12 GRAVEL PIT LANE: Plot and Title Map

12 GRAVEL PIT LANE sits on a plot of roughly 0.278 of an acre, or 1,124m². The below map shows the location of 12 GRAVEL PIT LANE, 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 12 GRAVEL PIT LANE). 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 12 GRAVEL PIT LANE?

12 GRAVEL PIT LANE is located in KIRMINGTON, in the DN39 postcode district. The below map shows the position of No. 12 on GRAVEL PIT LANE.