15, STEPHEN CRESCENT, GRIMSBY, DN34 5LZ - £215,000

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.

15 STEPHEN CRESCENT is a very small extended detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £243,650. It was last sold for £215,000 in February 2022, which was around 4% below the average February 2022 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

15 STEPHEN CRESCENT Sold Prices

Land registry data shows two sales for 15 STEPHEN CRESCENT 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 15 STEPHEN CRESCENT 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
2022 8 FEB	£215,000	£222,889	4% below HPI
2006 19 DEC	£124,000	£165,481	25% below HPI

15 STEPHEN CRESCENT 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 15 STEPHEN CRESCENT sales from December 2006 and February 2022 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 STEPHEN CRESCENT be worth now?

15 STEPHEN CRESCENT might now be worth an estimated £243,650.

This is based on house price inflation of 13.3%, between February 2022 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 13.3% inflationary increase is applied to the most recent sale price for 15 STEPHEN CRESCENT of £215,000 on 8th February 2022. For the value to have increased from £215,000 to £243,650 over the three years to February 2025, the following assumptions must hold true:

• The value of 15 STEPHEN CRESCENT has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The February 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 15 STEPHEN CRESCENT has not materially changed since February 2022.

How Large is 15 STEPHEN CRESCENT?

15 STEPHEN CRESCENT is 77m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% 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 15 STEPHEN CRESCENT lies on this distribution: 15% of detached houses houses are smaller than 15 STEPHEN CRESCENT, and 85% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

15 STEPHEN CRESCENT: Plot and Title Map

15 STEPHEN CRESCENT sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 15 STEPHEN CRESCENT, 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 15 STEPHEN CRESCENT). 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 15 STEPHEN CRESCENT?

15 STEPHEN CRESCENT is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 15 on STEPHEN CRESCENT.