2A, PORTLAND PLACE, GRIMSBY, DN32 0AB - £154,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2A PORTLAND PLACE is a very small detached house of 83m², built sometime between 1930 and 1949. It was last sold for £154,000 in January 2016, which was around 8% below the average January 2016 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

2A PORTLAND PLACE Sold Prices

Land registry data shows three sales for 2A PORTLAND PLACE since 1^st 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. All of the three 2A PORTLAND PLACE 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
2016 15 JAN	£154,000	£167,923	8% below HPI
2010 13 SEP	£145,000	£172,017	16% below HPI
2002 31 MAY	£67,950	£85,592	21% below HPI

2A PORTLAND PLACE 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 three 2A PORTLAND PLACE sales between May 2002 and January 2016 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 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2A PORTLAND PLACE be worth now?

2A PORTLAND PLACE might now be worth an estimated £230,126.

This is based on house price inflation of 49.4%, between January 2016 and December 2024, 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 49.4% inflationary increase is applied to the most recent sale price for 2A PORTLAND PLACE of £154,000 on 15th January 2016. For the value to have increased from £154,000 to £230,126 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of 2A PORTLAND PLACE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The January 2016 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 2A PORTLAND PLACE has not materially changed since January 2016.

How Large is 2A PORTLAND PLACE?

2A PORTLAND PLACE is 83m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 2A PORTLAND PLACE lies on this distribution: 19% of detached houses houses are smaller than 2A PORTLAND PLACE, and 80% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

2A PORTLAND PLACE: Plot and Title Map

2A PORTLAND PLACE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 2A PORTLAND PLACE, 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 2A PORTLAND PLACE). 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 2A PORTLAND PLACE?

2A PORTLAND PLACE is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 2A on PORTLAND PLACE.