41, OAKWOOD DRIVE, GRIMSBY, DN37 9RN - £127,500

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.

41 OAKWOOD DRIVE is a very small semi-detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £156,203. It was last sold for £127,500 in May 2021, which was around 4% below the average May 2021 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

41 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 41 OAKWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. One of the two 41 OAKWOOD DRIVE sales was for below the average price, whilst the other was for above 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
2021 24 MAY	£127,500	£133,126	4% below HPI
1999 17 DEC	£51,000	£41,304	23% above HPI

41 OAKWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 41 OAKWOOD DRIVE sales from December 1999 and May 2021 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 December 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 41 OAKWOOD DRIVE be worth now?

41 OAKWOOD DRIVE might now be worth an estimated £156,203.

This is based on house price inflation of 22.5%, between May 2021 and March 2025, for semi-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 22.5% inflationary increase is applied to the most recent sale price for 41 OAKWOOD DRIVE of £127,500 on 24th May 2021. For the value to have increased from £127,500 to £156,203 over the four years and two months to March 2025, the following assumptions must hold true:

• The value of 41 OAKWOOD DRIVE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The May 2021 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 41 OAKWOOD DRIVE has not materially changed since May 2021.

How Large is 41 OAKWOOD DRIVE?

41 OAKWOOD DRIVE is 69m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of semi-detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimsby, and where 41 OAKWOOD DRIVE lies on this distribution: 7% of semi-detached houses houses are smaller than 41 OAKWOOD DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

41 OAKWOOD DRIVE: Plot and Title Map

41 OAKWOOD DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 41 OAKWOOD 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 41 OAKWOOD 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 41 OAKWOOD DRIVE?

41 OAKWOOD DRIVE is located in GRIMSBY, in the DN37 postcode district. The below map shows the position of No. 41 on OAKWOOD DRIVE.