4, OAK AVENUE, GRIMSBY, DN32 0AN - £89,000

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

4 OAK AVENUE is a small extended semi-detached house of 100m², built sometime between 1930 and 1949. It was last sold for £89,000 in August 2015, which was around 49% below the average August 2015 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

4 OAK AVENUE Sold Prices

Land registry data shows four sales for 4 OAK AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four 4 OAK AVENUE 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
2015 28 AUG	£89,000	£174,674	49% below HPI
2012 29 FEB	£76,900	£154,080	50% below HPI
1999 6 AUG	£34,000	£70,993	52% below HPI
1998 27 NOV	£31,500	£68,856	54% below HPI

4 OAK AVENUE 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 four 4 OAK AVENUE sales between November 1998 and August 2015 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 February 2012 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2015 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 4 OAK AVENUE?

4 OAK AVENUE is 100m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 4 OAK AVENUE lies on this distribution: 38% of detached houses are smaller than 4 OAK AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

4 OAK AVENUE: Plot and Title Map

4 OAK AVENUE sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of 4 OAK AVENUE, 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 4 OAK AVENUE). 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 4 OAK AVENUE?

4 OAK AVENUE is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 4 on OAK AVENUE.