18, LABURNUM DRIVE, GRIMSBY, DN34 4LQ - £124,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 LABURNUM DRIVE is a very small semi-detached house of 81m², which could now be worth an estimated £195,221. It was last sold for £124,000 in April 2006, which was around 23% above the average April 2006 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

18 LABURNUM DRIVE Sold Prices

Land registry data shows two sales for 18 LABURNUM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 18 LABURNUM DRIVE sales were 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
2006 21 APR	£124,000	£101,035	23% above HPI
2003 3 OCT	£89,950	£71,547	26% above HPI

18 LABURNUM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 18 LABURNUM DRIVE sales from October 2003 and April 2006 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 October 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2006 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 18 LABURNUM DRIVE be worth now?

18 LABURNUM DRIVE might now be worth an estimated £195,221.

This is based on house price inflation of 57.4%, between April 2006 and December 2024, for semi-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 57.4% inflationary increase is applied to the most recent sale price for 18 LABURNUM DRIVE of £124,000 on 21st April 2006. For the value to have increased from £124,000 to £195,221 over the seventeen years and four months to December 2024, the following assumptions must hold true:

• The value of 18 LABURNUM DRIVE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The April 2006 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LABURNUM DRIVE has not materially changed since April 2006.

How Large is 18 LABURNUM DRIVE?

18 LABURNUM DRIVE is 81m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of semi-detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimsby, and where 18 LABURNUM DRIVE lies on this distribution: 17% of semi-detached houses houses are smaller than 18 LABURNUM DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

18 LABURNUM DRIVE: Plot and Title Map

18 LABURNUM DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 18 LABURNUM DRIVE, 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 LABURNUM DRIVE). 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 LABURNUM DRIVE?

18 LABURNUM DRIVE is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 18 on LABURNUM DRIVE.