18, FORTUNA WAY, GRIMSBY, DN37 9SL - £170,000

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

18 FORTUNA WAY is a very small extended detached house of 75m², built sometime between 2007 and 2011. It was last sold for £170,000 in April 2022, which was around 25% below the average April 2022 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

18 FORTUNA WAY Sold Prices

Land registry data shows three sales for 18 FORTUNA WAY 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 18 FORTUNA 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
2022 25 APR	£170,000	£227,823	25% below HPI
2016 31 MAR	£110,000	£174,389	37% below HPI
2000 16 JUN	£55,950	£68,885	19% below HPI

18 FORTUNA 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 three 18 FORTUNA WAY sales between June 2000 and April 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 March 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 18 FORTUNA WAY?

18 FORTUNA WAY is 75m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 18 FORTUNA WAY lies on this distribution: 12% of detached houses are smaller than 18 FORTUNA WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

18 FORTUNA WAY: Plot and Title Map

18 FORTUNA WAY sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 18 FORTUNA 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 18 FORTUNA 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 18 FORTUNA WAY?

18 FORTUNA WAY is located in GRIMSBY, in the DN37 postcode district. The below map shows the position of No. 18 on FORTUNA WAY.