2, WEST LANE, KEELBY, GRIMSBY, DN41 8EJ - £308,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WEST LANE is a very large extended detached house of 165m², built sometime between 1976 and 1982, which could now be worth an estimated £341,511. It was last sold for £308,000 in June 2021, which was around 17% above the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

2 WEST LANE Sold Prices

Land registry data shows three sales for 2 WEST 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 West Lindsey local authority area for the corresponding sale date. All of the three 2 WEST 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 7 JUN	£308,000	£262,548	17% above HPI
2016 29 SEP	£244,000	£204,504	19% above HPI
1995 12 DEC	£88,000	£60,058	47% above HPI

2 WEST LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 2 WEST LANE sales between December 1995 and June 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 September 2016 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 WEST LANE be worth now?

2 WEST LANE might now be worth an estimated £341,511.

This is based on house price inflation of 10.9%, between June 2021 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for 2 WEST LANE of £308,000 on 7th June 2021. For the value to have increased from £308,000 to £341,511 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 WEST LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2021 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WEST LANE has not materially changed since June 2021.

How Large is 2 WEST LANE?

2 WEST LANE is 165m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses houses in Keelby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Keelby, and where 2 WEST LANE lies on this distribution: 89% of detached houses houses are smaller than 2 WEST LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Keelby.

2 WEST LANE: Plot and Title Map

2 WEST LANE sits on a plot of roughly 0.235 of an acre, or 953m². The below map shows the location of 2 WEST 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 WEST 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 WEST LANE?

2 WEST LANE is located in KEELBY, in the DN41 postcode district. The below map shows the position of No. 2 on WEST LANE.