2, WOAD LANE, GREAT COATES, GRIMSBY, DN37 9NH - £135,000

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 WOAD LANE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £135,000 in December 2002, which was around 38% above the average December 2002 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

2 WOAD LANE Sold Prices

Land registry data shows two sales for 2 WOAD LANE 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. One of the two 2 WOAD LANE sales was for above the average price, whilst the other 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
2002 9 DEC	£135,000	£97,762	38% above HPI
1997 25 JUL	£64,000	£68,253	6% below HPI

2 WOAD 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 two 2 WOAD LANE sales from July 1997 and December 2002 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 July 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2002 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 2 WOAD LANE?

2 WOAD LANE is 84m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% 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 WOAD LANE lies on this distribution: 20% of detached houses are smaller than 2 WOAD LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

2 WOAD LANE: Plot and Title Map

2 WOAD LANE sits on a plot of roughly 0.157 of an acre, or 633m². The below map shows the location of 2 WOAD 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 WOAD 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 WOAD LANE?

2 WOAD LANE is located in GREAT COATES, in the DN37 postcode district. The below map shows the position of No. 2 on WOAD LANE.