16, CRAVENS LANE, HABROUGH, IMMINGHAM, DN40 3AW - £170,000

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.

16 CRAVENS LANE is a small detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £190,932. It was last sold for £170,000 in May 2022, which was around 25% below the average May 2022 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

16 CRAVENS LANE Sold Prices

Land registry data shows two sales for 16 CRAVENS LANE 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 16 CRAVENS LANE 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 31 MAY	£170,000	£227,400	25% below HPI
1999 29 JAN	£53,000	£66,727	21% below HPI

16 CRAVENS LANE 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 16 CRAVENS LANE sales from January 1999 and May 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 January 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 16 CRAVENS LANE be worth now?

16 CRAVENS LANE might now be worth an estimated £190,932.

This is based on house price inflation of 12.3%, between May 2022 and March 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 12.3% inflationary increase is applied to the most recent sale price for 16 CRAVENS LANE of £170,000 on 31st May 2022. For the value to have increased from £170,000 to £190,932 over the three years and two months to March 2025, the following assumptions must hold true:

• The value of 16 CRAVENS LANE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The May 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CRAVENS LANE has not materially changed since May 2022.

How Large is 16 CRAVENS LANE?

16 CRAVENS LANE is 89m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses houses in Habrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Habrough, and where 16 CRAVENS LANE lies on this distribution: 24% of detached houses houses are smaller than 16 CRAVENS LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Habrough.

16 CRAVENS LANE: Plot and Title Map

16 CRAVENS LANE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 16 CRAVENS 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 16 CRAVENS 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 16 CRAVENS LANE?

16 CRAVENS LANE is located in HABROUGH, in the DN40 postcode district. The below map shows the position of No. 16 on CRAVENS LANE.