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

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

31 OAKWOOD DRIVE is a very small extended semi-detached house of 80m², built sometime between 1976 and 1982. It was last sold for £130,000 in June 2011, which was around 21% below the average June 2011 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was C.

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 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 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
2011 17 JUN	£130,000	£164,851	21% below HPI
2007 9 OCT	£141,500	£176,352	20% below HPI

31 OAKWOOD 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 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 31 OAKWOOD DRIVE?

31 OAKWOOD DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 31 OAKWOOD DRIVE lies on this distribution: 17% of detached houses are smaller than 31 OAKWOOD DRIVE, and 83% 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.