2, SPURN AVENUE, GRIMSBY, DN33 2LN - £165,000

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

2 SPURN AVENUE is a small detached house of 102m², built sometime between 1950 and 1966. It was last sold for £165,000 in April 2018, which was around 9% below the average April 2018 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

2 SPURN AVENUE Sold Prices

Land registry data shows four sales for 2 SPURN AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four 2 SPURN AVENUE 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 3 APR	£165,000	£181,785	9% below HPI
2015 27 MAR	£144,000	£163,475	12% below HPI
2001 15 JUN	£63,000	£76,603	18% below HPI
1995 8 DEC	£59,950	£61,062	2% below HPI

2 SPURN AVENUE 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 four 2 SPURN AVENUE sales between December 1995 and April 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 March 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 SPURN AVENUE?

2 SPURN AVENUE is 102m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% 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 SPURN AVENUE lies on this distribution: 40% of detached houses are smaller than 2 SPURN AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

2 SPURN AVENUE: Plot and Title Map

2 SPURN AVENUE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 SPURN AVENUE, 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 SPURN AVENUE). 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 SPURN AVENUE?

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