3, PELHAM PLACE, GRIMSBY, DN33 3PA - £223,000

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 PELHAM PLACE is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £223,000 in May 2016, which was around 25% above the average May 2016 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

3 PELHAM PLACE Sold Prices

Land registry data shows two sales for 3 PELHAM PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 3 PELHAM PLACE 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 12 MAY	£223,000	£177,780	25% above HPI
2008 16 APR	£210,000	£175,790	19% above HPI

3 PELHAM PLACE 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 two 3 PELHAM PLACE sales from April 2008 and May 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 April 2008 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2016 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 3 PELHAM PLACE be worth now?

3 PELHAM PLACE might now be worth an estimated £314,758.

This is based on house price inflation of 41.1%, between May 2016 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 41.1% inflationary increase is applied to the most recent sale price for 3 PELHAM PLACE of £223,000 on 12th May 2016. For the value to have increased from £223,000 to £314,758 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 3 PELHAM PLACE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The May 2016 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PELHAM PLACE has not materially changed since May 2016.

How Large is 3 PELHAM PLACE?

3 PELHAM PLACE is 122m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% 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 PELHAM PLACE lies on this distribution: 65% of detached houses houses are smaller than 3 PELHAM PLACE, and 35% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

3 PELHAM PLACE: Plot and Title Map

3 PELHAM PLACE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 3 PELHAM PLACE, 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 PELHAM PLACE). 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 PELHAM PLACE?

3 PELHAM PLACE is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 3 on PELHAM PLACE.