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
255 LOUTH ROAD is a very large detached house of 163m², built sometime between 1900 and 1929. It was last sold for £320,000 in March 2023, which was around 39% above the average March 2023 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 255 LOUTH ROAD since 1st 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. One of the three 255 LOUTH ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2023 8 MAR | £320,000 | £230,144 | 39% above HPI |
2012 18 JUN | £108,000 | £160,589 | 33% below HPI |
1995 7 NOV | £40,000 | £59,485 | 33% below HPI |
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 255 LOUTH ROAD sales between November 1995 and March 2023 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 June 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.
255 LOUTH ROAD is 163m² according to the EPC inspection conducted in September 2022. This puts it in the largest 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 255 LOUTH ROAD lies on this distribution: 89% of detached houses are smaller than 255 LOUTH ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Grimsby.
255 LOUTH ROAD sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 255 LOUTH ROAD, 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 255 LOUTH ROAD). 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.
255 LOUTH ROAD is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 255 on LOUTH ROAD.