2, LAVENHAM ROAD, GRIMSBY, DN33 3EX - £168,000

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

2 LAVENHAM ROAD is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £168,000 in August 2018, which was around 12% below the average August 2018 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

2 LAVENHAM ROAD Sold Prices

Land registry data shows two sales for 2 LAVENHAM ROAD 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. Both of the two 2 LAVENHAM ROAD 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
2018 17 AUG	£168,000	£191,990	12% below HPI
2017 23 JUN	£108,000	£184,262	41% below HPI

2 LAVENHAM ROAD 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 2 LAVENHAM ROAD sales from June 2017 and August 2018 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 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 LAVENHAM ROAD be worth now?

2 LAVENHAM ROAD might now be worth an estimated £219,576.

This is based on house price inflation of 30.7%, between August 2018 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 30.7% inflationary increase is applied to the most recent sale price for 2 LAVENHAM ROAD of £168,000 on 17th August 2018. For the value to have increased from £168,000 to £219,576 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 LAVENHAM ROAD has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The August 2018 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAVENHAM ROAD has not materially changed since August 2018.

How Large is 2 LAVENHAM ROAD?

2 LAVENHAM ROAD is 69m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 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 LAVENHAM ROAD lies on this distribution: 7% of detached houses houses are smaller than 2 LAVENHAM ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

2 LAVENHAM ROAD: Plot and Title Map

2 LAVENHAM ROAD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 2 LAVENHAM ROAD, 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 LAVENHAM ROAD). 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 LAVENHAM ROAD?

2 LAVENHAM ROAD is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 2 on LAVENHAM ROAD.