40, MAIDWELL WAY, GRIMSBY, DN34 5UP - £160,000

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

40 MAIDWELL WAY is a large extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £160,000 in September 2015, which was around 8% below the average September 2015 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

40 MAIDWELL WAY Sold Prices

Land registry data shows three sales for 40 MAIDWELL WAY 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. All of the three 40 MAIDWELL WAY 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 25 SEP	£160,000	£173,334	8% below HPI
2007 12 FEB	£128,000	£168,779	24% below HPI
1998 17 JUL	£57,000	£68,597	17% below HPI

40 MAIDWELL WAY 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 40 MAIDWELL WAY sales between July 1998 and September 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 40 MAIDWELL WAY be worth now?

40 MAIDWELL WAY might now be worth an estimated £231,628.

This is based on house price inflation of 44.8%, between September 2015 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 44.8% inflationary increase is applied to the most recent sale price for 40 MAIDWELL WAY of £160,000 on 25th September 2015. For the value to have increased from £160,000 to £231,628 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 40 MAIDWELL WAY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The September 2015 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MAIDWELL WAY has not materially changed since September 2015.

How Large is 40 MAIDWELL WAY?

40 MAIDWELL WAY is 133m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 30% 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 40 MAIDWELL WAY lies on this distribution: 75% of detached houses houses are smaller than 40 MAIDWELL WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

40 MAIDWELL WAY: Plot and Title Map

40 MAIDWELL WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 40 MAIDWELL WAY, 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 40 MAIDWELL WAY). 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 40 MAIDWELL WAY?

40 MAIDWELL WAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 40 on MAIDWELL WAY.