3, MAIDWELL WAY, GRIMSBY, DN34 5UP - £140,000

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

3 MAIDWELL WAY is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £140,000 in April 2021, which was around 32% below the average April 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

3 MAIDWELL WAY Sold Prices

Land registry data shows seven sales for 3 MAIDWELL WAY 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 3 MAIDWELL WAY 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 6 APR	£140,000	£206,872	32% below HPI
2017 20 OCT	£111,500	£185,687	40% below HPI
2016 7 JUL	£124,000	£176,808	30% below HPI
2009 3 DEC	£115,000	£171,063	33% below HPI
2003 22 AUG	£88,000	£113,532	22% below HPI
2002 22 MAR	£59,500	£83,037	28% below HPI
1995 19 JAN	£41,950	£62,352	33% below HPI

3 MAIDWELL WAY 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 3 MAIDWELL WAY sales between January 1995 and April 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 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 MAIDWELL WAY be worth now?

3 MAIDWELL WAY might now be worth an estimated £169,817.

This is based on house price inflation of 21.3%, between April 2021 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 21.3% inflationary increase is applied to the most recent sale price for 3 MAIDWELL WAY of £140,000 on 6th April 2021. For the value to have increased from £140,000 to £169,817 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 3 MAIDWELL WAY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The April 2021 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MAIDWELL WAY has not materially changed since April 2021.

How Large is 3 MAIDWELL WAY?

3 MAIDWELL WAY is 66m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% 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 3 MAIDWELL WAY lies on this distribution: 5% of detached houses houses are smaller than 3 MAIDWELL WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

3 MAIDWELL WAY: Plot and Title Map

3 MAIDWELL WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 3 MAIDWELL WAY, 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 MAIDWELL WAY). 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 MAIDWELL WAY?

3 MAIDWELL WAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 3 on MAIDWELL WAY.