38, STEEPING DRIVE, IMMINGHAM, DN40 2DS - £102,500

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.

38 STEEPING DRIVE is a very small semi-detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £124,741. It was last sold for £102,500 in December 2020, which was around 22% below the average December 2020 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

38 STEEPING DRIVE Sold Prices

Land registry data shows three sales for 38 STEEPING DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 38 STEEPING 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
2020 8 DEC	£102,500	£131,257	22% below HPI
2010 1 OCT	£84,000	£104,407	20% below HPI
2002 12 APR	£33,000	£49,664	34% below HPI

38 STEEPING 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 three 38 STEEPING DRIVE sales between April 2002 and December 2020 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 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 38 STEEPING DRIVE be worth now?

38 STEEPING DRIVE might now be worth an estimated £124,741.

This is based on house price inflation of 21.7%, between December 2020 and February 2025, 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 21.7% inflationary increase is applied to the most recent sale price for 38 STEEPING DRIVE of £102,500 on 8th December 2020. For the value to have increased from £102,500 to £124,741 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 STEEPING DRIVE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The December 2020 sale price of £102,500 represented a fair market value for the property.
• The size, condition, and specification of 38 STEEPING DRIVE has not materially changed since December 2020.

How Large is 38 STEEPING DRIVE?

38 STEEPING DRIVE is 60m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of semi-detached houses houses in Immingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Immingham, and where 38 STEEPING DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 38 STEEPING DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Immingham.

38 STEEPING DRIVE: Plot and Title Map

38 STEEPING DRIVE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 38 STEEPING 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 38 STEEPING 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 38 STEEPING DRIVE?

38 STEEPING DRIVE is located in IMMINGHAM, in the DN40 postcode district. The below map shows the position of No. 38 on STEEPING DRIVE.