3, VICTORY WAY, GRIMSBY, DN34 5UY - £105,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 VICTORY WAY is a small extended detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £210,960. It was last sold for £105,000 in April 2004, which was around 16% below the average April 2004 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

3 VICTORY WAY Sold Prices

Land registry data shows two sales for 3 VICTORY WAY 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 VICTORY 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
2004 23 APR	£105,000	£125,720	16% below HPI
2003 31 JAN	£74,750	£99,269	25% below HPI

3 VICTORY 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 two 3 VICTORY WAY sales from January 2003 and April 2004 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 January 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2004 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 VICTORY WAY be worth now?

3 VICTORY WAY might now be worth an estimated £210,960.

This is based on house price inflation of 100.9%, between April 2004 and February 2025, 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 100.9% inflationary increase is applied to the most recent sale price for 3 VICTORY WAY of £105,000 on 23rd April 2004. For the value to have increased from £105,000 to £210,960 over the 21 years and two months to February 2025, the following assumptions must hold true:

• The value of 3 VICTORY WAY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The April 2004 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VICTORY WAY has not materially changed since April 2004.

How Large is 3 VICTORY WAY?

3 VICTORY WAY is 88m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% 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 VICTORY WAY lies on this distribution: 24% of detached houses houses are smaller than 3 VICTORY WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

3 VICTORY WAY: Plot and Title Map

3 VICTORY WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 VICTORY 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 VICTORY 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 VICTORY WAY?

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