4, WOAD LANE, GREAT COATES, GRIMSBY, DN37 9NH - £155,000

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

4 WOAD LANE is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £155,000 in May 2014, which was around 5% below the average May 2014 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

4 WOAD LANE Sold Prices

Land registry data shows two sales for 4 WOAD LANE 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 4 WOAD LANE 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
2014 9 MAY	£155,000	£163,706	5% below HPI
2002 27 JUN	£78,000	£87,210	11% below HPI

4 WOAD LANE 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 4 WOAD LANE sales from June 2002 and May 2014 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 June 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 WOAD LANE be worth now?

4 WOAD LANE might now be worth an estimated £237,586.

This is based on house price inflation of 53.3%, between May 2014 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 53.3% inflationary increase is applied to the most recent sale price for 4 WOAD LANE of £155,000 on 9th May 2014. For the value to have increased from £155,000 to £237,586 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 4 WOAD LANE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The May 2014 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WOAD LANE has not materially changed since May 2014.

How Large is 4 WOAD LANE?

4 WOAD LANE is 98m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% 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 4 WOAD LANE lies on this distribution: 35% of detached houses houses are smaller than 4 WOAD LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

4 WOAD LANE: Plot and Title Map

4 WOAD LANE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 4 WOAD LANE, 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 WOAD LANE). 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 WOAD LANE?

4 WOAD LANE is located in GREAT COATES, in the DN37 postcode district. The below map shows the position of No. 4 on WOAD LANE.