31, OAKWOOD DRIVE, GRIMSBY, DN37 9RN - £130,000

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

31 OAKWOOD DRIVE is a very small extended semi-detached house of 73m², built sometime between 1967 and 1975. It was last sold for £130,000 in June 2011, which was around 28% above the average June 2011 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

31 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 31 OAKWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 31 OAKWOOD 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
2011 17 JUN	£130,000	£101,615	28% above HPI
2007 9 OCT	£141,500	£110,758	28% above HPI

31 OAKWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 31 OAKWOOD DRIVE sales from October 2007 and June 2011 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 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2011 sale, which was also at 28% above the HPI.

What might 31 OAKWOOD DRIVE be worth now?

31 OAKWOOD DRIVE might now be worth an estimated £203,499.

This is based on house price inflation of 56.5%, between June 2011 and December 2024, for semi-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 56.5% inflationary increase is applied to the most recent sale price for 31 OAKWOOD DRIVE of £130,000 on 17th June 2011. For the value to have increased from £130,000 to £203,499 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 31 OAKWOOD DRIVE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The June 2011 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 31 OAKWOOD DRIVE has not materially changed since June 2011.

How Large is 31 OAKWOOD DRIVE?

31 OAKWOOD DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in November 2024. This puts it in the smallest 20% of semi-detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimsby, and where 31 OAKWOOD DRIVE lies on this distribution: 11% of semi-detached houses houses are smaller than 31 OAKWOOD DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

31 OAKWOOD DRIVE: Plot and Title Map

31 OAKWOOD DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 31 OAKWOOD 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 31 OAKWOOD 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 31 OAKWOOD DRIVE?

31 OAKWOOD DRIVE is located in GRIMSBY, in the DN37 postcode district. The below map shows the position of No. 31 on OAKWOOD DRIVE.