2, GREETHAMS LANE, GRIMSBY, DN32 8NA - £382,500

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

2 GREETHAMS LANE is a very large extended detached house of 230m², built sometime before 1900. It was last sold for £382,500 in January 2021, which was around 80% above the average January 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

2 GREETHAMS LANE Sold Prices

Land registry data shows three sales for 2 GREETHAMS LANE 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 2 GREETHAMS LANE 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
2021 11 JAN	£382,500	£213,036	80% above HPI
2019 9 APR	£240,000	£193,715	24% above HPI
2002 27 NOV	£260,000	£99,023	163% above HPI

2 GREETHAMS 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 three 2 GREETHAMS LANE sales between November 2002 and January 2021 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 April 2019 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2021 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 2 GREETHAMS LANE?

2 GREETHAMS LANE is 230m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 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 2 GREETHAMS LANE lies on this distribution: 98% of detached houses are smaller than 2 GREETHAMS LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

2 GREETHAMS LANE: Plot and Title Map

2 GREETHAMS LANE sits on a plot of roughly 0.283 of an acre, or 1,146m². The below map shows the location of 2 GREETHAMS 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 2 GREETHAMS 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 2 GREETHAMS LANE?

2 GREETHAMS LANE is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 2 on GREETHAMS LANE.