12, PATCHETT CLOSE, SCARTHO TOP, GRIMSBY, DN33 3SA - £136,000

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

12 PATCHETT CLOSE is a small detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £194,524. It was last sold for £136,000 in February 2008, which was around 23% below the average February 2008 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

12 PATCHETT CLOSE Sold Prices

Land registry data shows three sales for 12 PATCHETT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 12 PATCHETT CLOSE 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
2008 1 FEB	£136,000	£176,596	23% below HPI
2007 14 JUN	£138,317	£176,209	22% below HPI
2003 10 OCT	£105,950	£117,679	10% below HPI

12 PATCHETT 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 three 12 PATCHETT CLOSE sales between October 2003 and February 2008 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 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2008 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 12 PATCHETT CLOSE be worth now?

12 PATCHETT CLOSE might now be worth an estimated £194,524.

This is based on house price inflation of 43%, between February 2008 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 43% inflationary increase is applied to the most recent sale price for 12 PATCHETT CLOSE of £136,000 on 1st February 2008. For the value to have increased from £136,000 to £194,524 over the seventeen years to February 2025, the following assumptions must hold true:

• The value of 12 PATCHETT CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The February 2008 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PATCHETT CLOSE has not materially changed since February 2008.

How Large is 12 PATCHETT CLOSE?

12 PATCHETT CLOSE is 89m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% 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 12 PATCHETT CLOSE lies on this distribution: 25% of detached houses houses are smaller than 12 PATCHETT CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

12 PATCHETT CLOSE: Plot and Title Map

12 PATCHETT CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 12 PATCHETT 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 12 PATCHETT 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 12 PATCHETT CLOSE?

12 PATCHETT CLOSE is located in SCARTHO TOP, in the DN33 postcode district. The below map shows the position of No. 12 on PATCHETT CLOSE.