231, BROADWAY, GRIMSBY, DN34 5QX - £169,000

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

231 BROADWAY is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £169,000 in March 2021, which was around 20% below the average March 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

231 BROADWAY Sold Prices

Land registry data shows seven sales for 231 BROADWAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the seven 231 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
2021 26 MAR	£169,000	£211,616	20% below HPI
2016 14 OCT	£135,000	£184,133	27% below HPI
2012 19 JUN	£115,000	£160,589	28% below HPI
2011 12 SEP	£110,000	£159,252	31% below HPI
2004 6 FEB	£116,000	£123,894	6% below HPI
1998 3 JUL	£49,000	£69,910	30% below HPI
1997 27 OCT	£54,000	£71,610	25% below HPI

231 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 seven 231 BROADWAY sales between October 1997 and March 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 October 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 231 BROADWAY?

231 BROADWAY is 95m², which includes two extensions, according to the EPC inspection conducted in January 2021. 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 231 BROADWAY lies on this distribution: 31% of detached houses are smaller than 231 BROADWAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

231 BROADWAY: Plot and Title Map

231 BROADWAY sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 231 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 231 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 231 BROADWAY?

231 BROADWAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 231 on BROADWAY.