228, BROADWAY, GRIMSBY, DN34 5QT - £169,000

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.

228 BROADWAY is a midsized extended detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £220,851. It was last sold for £169,000 in September 2018, which was around 14% below the average September 2018 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

228 BROADWAY Sold Prices

Land registry data shows two sales for 228 BROADWAY 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 228 BROADWAY 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 18 SEP	£169,000	£195,437	14% below HPI
2000 4 APR	£67,950	£68,300	1% below HPI

228 BROADWAY 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 228 BROADWAY sales from April 2000 and September 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 April 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 228 BROADWAY be worth now?

228 BROADWAY might now be worth an estimated £220,851.

This is based on house price inflation of 30.7%, between September 2018 and March 2025, 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 228 BROADWAY of £169,000 on 18th September 2018. For the value to have increased from £169,000 to £220,851 over the seven years and six months to March 2025, the following assumptions must hold true:

• The value of 228 BROADWAY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The September 2018 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 228 BROADWAY has not materially changed since September 2018.

How Large is 228 BROADWAY?

228 BROADWAY is 113m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% 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 228 BROADWAY lies on this distribution: 55% of detached houses houses are smaller than 228 BROADWAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

228 BROADWAY: Plot and Title Map

228 BROADWAY sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 228 BROADWAY, 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 228 BROADWAY). 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 228 BROADWAY?

228 BROADWAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 228 on BROADWAY.