40, RIVERSIDE DRIVE, CLEETHORPES, DN35 0NL - £138,000

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.

40 RIVERSIDE DRIVE is a very small detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £214,549. It was last sold for £138,000 in November 2013, which was around 15% below the average November 2013 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

40 RIVERSIDE DRIVE Sold Prices

Land registry data shows four sales for 40 RIVERSIDE DRIVE 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 40 RIVERSIDE 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
2013 6 NOV	£138,000	£162,468	15% below HPI
2011 12 OCT	£139,995	£159,484	12% below HPI
2008 20 MAR	£146,000	£172,373	15% below HPI
1998 9 NOV	£54,250	£67,563	20% below HPI

40 RIVERSIDE DRIVE 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 40 RIVERSIDE DRIVE sales between November 1998 and November 2013 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 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2013 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 40 RIVERSIDE DRIVE be worth now?

40 RIVERSIDE DRIVE might now be worth an estimated £214,549.

This is based on house price inflation of 55.5%, between November 2013 and February 2025, 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 55.5% inflationary increase is applied to the most recent sale price for 40 RIVERSIDE DRIVE of £138,000 on 6th November 2013. For the value to have increased from £138,000 to £214,549 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 40 RIVERSIDE DRIVE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The November 2013 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 40 RIVERSIDE DRIVE has not materially changed since November 2013.

How Large is 40 RIVERSIDE DRIVE?

40 RIVERSIDE DRIVE is 69m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses houses in Humberston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Humberston, and where 40 RIVERSIDE DRIVE lies on this distribution: 8% of detached houses houses are smaller than 40 RIVERSIDE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Humberston.

40 RIVERSIDE DRIVE: Plot and Title Map

40 RIVERSIDE DRIVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 40 RIVERSIDE 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 40 RIVERSIDE 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 40 RIVERSIDE DRIVE?

40 RIVERSIDE DRIVE is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 40 on RIVERSIDE DRIVE.