157, ORION WAY, GRIMSBY, DN34 5UG - £110,000

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

157 ORION WAY is a very small extended detached house of 70m², built sometime between 1967 and 1975. It was last sold for £110,000 in July 2014, which was around 35% below the average July 2014 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

157 ORION WAY Sold Prices

Land registry data shows two sales for 157 ORION WAY 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 157 ORION WAY 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
2014 31 JUL	£110,000	£168,146	35% below HPI
2006 30 JUN	£123,000	£165,920	26% below HPI

157 ORION WAY 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 157 ORION WAY sales from June 2006 and July 2014 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 157 ORION WAY?

157 ORION WAY is 70m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 157 ORION WAY lies on this distribution: 8% of detached houses are smaller than 157 ORION WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

157 ORION WAY: Plot and Title Map

157 ORION WAY sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 157 ORION WAY, 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 157 ORION WAY). 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 157 ORION WAY?

157 ORION WAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 157 on ORION WAY.