40, ORION WAY, GRIMSBY, DN34 5UA - £124,000

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

40 ORION WAY is a very small extended detached house of 76m², built sometime between 1983 and 1990. It was last sold for £124,000 in February 2011, which was around 22% below the average February 2011 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

40 ORION WAY Sold Prices

Land registry data shows two sales for 40 ORION WAY 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 40 ORION 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
2011 4 FEB	£124,000	£159,306	22% below HPI
2003 17 NOV	£89,950	£121,128	26% below HPI

40 ORION 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 two 40 ORION WAY sales from November 2003 and February 2011 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 November 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2011 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 40 ORION WAY?

40 ORION WAY is 76m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 40 ORION WAY lies on this distribution: 13% of detached houses are smaller than 40 ORION WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

40 ORION WAY: Plot and Title Map

40 ORION WAY sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 40 ORION 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 ORION 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 ORION WAY?

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