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

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

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 83% 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	£209,035	83% above HPI
2019 9 APR	£240,000	£190,077	26% above HPI
2002 27 NOV	£260,000	£97,163	168% 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2021 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might 2 GREETHAMS LANE be worth now?

2 GREETHAMS LANE might now be worth an estimated £459,163.

This is based on house price inflation of 20%, between January 2021 and December 2024, 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 20% inflationary increase is applied to the most recent sale price for 2 GREETHAMS LANE of £382,500 on 11th January 2021. For the value to have increased from £382,500 to £459,163 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 2 GREETHAMS LANE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The January 2021 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GREETHAMS LANE has not materially changed since January 2021.

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 houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsby, and where 2 GREETHAMS LANE lies on this distribution: 98% of detached houses 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.