16, SPALL CLOSE, SCARTHO TOP, GRIMSBY, DN33 3GL - £150,000

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 SPALL CLOSE is a small detached house of 91m², which could now be worth an estimated £218,014. It was last sold for £150,000 in October 2015, which was around 14% below the average October 2015 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

16 SPALL CLOSE Sold Prices

Land registry data shows two sales for 16 SPALL CLOSE 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. One of the two 16 SPALL CLOSE sales was for below the average price, whilst the other was 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
2015 1 OCT	£150,000	£173,789	14% below HPI
2013 21 JUN	£155,000	£153,301	1% above HPI

16 SPALL 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 two 16 SPALL CLOSE sales from June 2013 and October 2015 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 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 16 SPALL CLOSE be worth now?

16 SPALL CLOSE might now be worth an estimated £218,014.

This is based on house price inflation of 45.3%, between October 2015 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 45.3% inflationary increase is applied to the most recent sale price for 16 SPALL CLOSE of £150,000 on 1st October 2015. For the value to have increased from £150,000 to £218,014 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 SPALL CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The October 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPALL CLOSE has not materially changed since October 2015.

How Large is 16 SPALL CLOSE?

16 SPALL CLOSE is 91m² according to the EPC inspection conducted in May 2013. 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 16 SPALL CLOSE lies on this distribution: 27% of detached houses houses are smaller than 16 SPALL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

16 SPALL CLOSE: Plot and Title Map

16 SPALL CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 16 SPALL 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 16 SPALL 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 16 SPALL CLOSE?

16 SPALL CLOSE is located in SCARTHO TOP, in the DN33 postcode district. The below map shows the position of No. 16 on SPALL CLOSE.