3, GEIPEL CLOSE, WALTHAM, GRIMSBY, DN37 0NY - £262,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 GEIPEL CLOSE is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £262,000 in January 2016, which was around 53% above the average January 2016 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

3 GEIPEL CLOSE Sold Prices

Land registry data shows three sales for 3 GEIPEL CLOSE 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 3 GEIPEL CLOSE sales were for above 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 29 JAN	£262,000	£171,137	53% above HPI
2009 9 MAR	£195,000	£153,829	27% above HPI
2001 16 NOV	£125,000	£82,071	52% above HPI

3 GEIPEL CLOSE 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 3 GEIPEL CLOSE sales between November 2001 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 March 2009 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2016 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 3 GEIPEL CLOSE?

3 GEIPEL CLOSE is 120m² according to the EPC inspection conducted in August 2015. This puts it in the largest 50% of detached houses in Waltham, based on EPC data. The below chart shows the distribution of detached houses by size in Waltham, and where 3 GEIPEL CLOSE lies on this distribution: 52% of detached houses are smaller than 3 GEIPEL CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Waltham.

3 GEIPEL CLOSE: Plot and Title Map

3 GEIPEL CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 3 GEIPEL CLOSE, 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 3 GEIPEL CLOSE). 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 3 GEIPEL CLOSE?

3 GEIPEL CLOSE is located in WALTHAM, in the DN37 postcode district. The below map shows the position of No. 3 on GEIPEL CLOSE.