2, THE DRIVE, WALTHAM, GRIMSBY, DN37 0FB - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE DRIVE is a very large extended detached house of 186m², built sometime between 1996 and 2002. It was last sold for £340,000 in December 2005, which was around 119% above the average December 2005 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

2 THE DRIVE Sold Prices

Land registry data shows three sales for 2 THE DRIVE 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. Two of the three 2 THE DRIVE sales were for above the average price, whilst one was 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
2005 14 DEC	£340,000	£155,195	119% above HPI
2002 10 DEC	£219,000	£97,762	124% above HPI
1998 27 FEB	£65,000	£67,958	4% below HPI

2 THE DRIVE 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 THE DRIVE sales between February 1998 and December 2005 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 December 2002 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the December 2005 sale, where it falls to 119% above the HPI. The line then continues to track at 119% above the HPI.

How Large is 2 THE DRIVE?

2 THE DRIVE is 186m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the largest 20% of detached houses in Waltham, based on EPC data. The below chart shows the distribution of detached houses by size in Waltham, and where 2 THE DRIVE lies on this distribution: 83% of detached houses are smaller than 2 THE DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Waltham.

2 THE DRIVE: Plot and Title Map

2 THE DRIVE sits on a plot of roughly 0.264 of an acre, or 1,067m². The below map shows the location of 2 THE 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 2 THE 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 2 THE DRIVE?

2 THE DRIVE is located in WALTHAM, in the DN37 postcode district. The below map shows the position of No. 2 on THE DRIVE.