3, LEA DRIVE, GRIMSBY, DN32 9FB - £205,000

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

3 LEA DRIVE is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £205,000 in October 2018, which was around 4% above the average October 2018 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

3 LEA DRIVE Sold Prices

Land registry data shows four sales for 3 LEA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four 3 LEA DRIVE 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
2018 5 OCT	£205,000	£197,113	4% above HPI
2008 2 JUN	£205,000	£182,531	12% above HPI
2003 5 DEC	£175,000	£123,623	42% above HPI
2001 27 JUL	£98,995	£79,095	25% above HPI

3 LEA DRIVE 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 four 3 LEA DRIVE sales between July 2001 and October 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 June 2008 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 LEA DRIVE?

3 LEA DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 3 LEA DRIVE lies on this distribution: 55% of detached houses are smaller than 3 LEA DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

3 LEA DRIVE: Plot and Title Map

3 LEA DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 LEA DRIVE, 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 LEA DRIVE). 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 LEA DRIVE?

3 LEA DRIVE is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 3 on LEA DRIVE.