375, LACEBY ROAD, GRIMSBY, DN34 5LT - £275,000

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

375 LACEBY ROAD is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £275,000 in October 2024, which was around 13% above the average October 2024 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

375 LACEBY ROAD Sold Prices

Land registry data shows three sales for 375 LACEBY ROAD 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. Two of the three 375 LACEBY ROAD sales were for above the average price, whilst one was 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
2024 17 OCT	£275,000	£243,498	13% above HPI
2008 1 AUG	£195,000	£172,137	13% above HPI
2008 11 JAN	£140,000	£183,038	24% below HPI

375 LACEBY ROAD 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 375 LACEBY ROAD sales between January 2008 and October 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 August 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2024 sale, which was also at 13% above the HPI.

What might 375 LACEBY ROAD be worth now?

375 LACEBY ROAD might now be worth an estimated £283,395.

This is based on house price inflation of 3.1%, between October 2024 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 3.1% inflationary increase is applied to the most recent sale price for 375 LACEBY ROAD of £275,000 on 17th October 2024. For the value to have increased from £275,000 to £283,395 over the ten months to December 2024, the following assumptions must hold true:

• The value of 375 LACEBY ROAD has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The October 2024 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 375 LACEBY ROAD has not materially changed since October 2024.

How Large is 375 LACEBY ROAD?

375 LACEBY ROAD is 75m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 375 LACEBY ROAD lies on this distribution: 12% of detached houses houses are smaller than 375 LACEBY ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

375 LACEBY ROAD: Plot and Title Map

375 LACEBY ROAD sits on a plot of roughly 0.240 of an acre, or 973m². The below map shows the location of 375 LACEBY ROAD, 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 375 LACEBY ROAD). 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 375 LACEBY ROAD?

375 LACEBY ROAD is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 375 on LACEBY ROAD.