3, PARK DRIVE, GRIMSBY, DN32 0EE - £530,000

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 PARK DRIVE is a very large extended detached house of 307m², built sometime between 1900 and 1929. It was last sold for £530,000 in August 2024, which was around 111% above the average August 2024 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

3 PARK DRIVE Sold Prices

Land registry data shows three sales for 3 PARK DRIVE 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 PARK 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
2024 30 AUG	£530,000	£250,673	111% above HPI
2021 18 JUN	£485,000	£215,271	125% above HPI
1996 26 MAR	£105,000	£63,125	66% above HPI

3 PARK 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 three 3 PARK DRIVE sales between March 1996 and August 2024 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 2021 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the August 2024 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

How Large is 3 PARK DRIVE?

3 PARK DRIVE is 307m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 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 PARK DRIVE lies on this distribution: 99% of detached houses are smaller than 3 PARK DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

3 PARK DRIVE: Plot and Title Map

3 PARK DRIVE sits on a plot of roughly 0.326 of an acre, or 1,319m². The below map shows the location of 3 PARK 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 PARK 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 PARK DRIVE?

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