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 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 34% 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.
Land registry data shows seven sales for 3 MAIDWELL WAY since 1st 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 | £210,831 | 34% below HPI |
2017 20 OCT | £111,500 | £189,241 | 41% below HPI |
2016 7 JUL | £124,000 | £180,192 | 31% below HPI |
2009 3 DEC | £115,000 | £174,337 | 34% below HPI |
2003 22 AUG | £88,000 | £115,705 | 24% below HPI |
2002 22 MAR | £59,500 | £84,626 | 30% below HPI |
1995 19 JAN | £41,950 | £63,545 | 34% 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 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
3 MAIDWELL WAY is 66m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% 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 MAIDWELL WAY lies on this distribution: 5% of detached 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 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.
3 MAIDWELL WAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 3 on MAIDWELL WAY.