498, CROMWELL ROAD, GRIMSBY, DN37 9JY - £65,500

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.

498 CROMWELL ROAD is a midsized detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £107,384. It was last sold for £65,500 in January 2006, which was around 57% below the average January 2006 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

498 CROMWELL ROAD Sold Prices

Land registry data shows three sales for 498 CROMWELL ROAD 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 498 CROMWELL ROAD 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
2006 27 JAN	£65,500	£154,070	57% below HPI
2004 22 JUL	£44,000	£137,746	68% below HPI
2002 8 MAR	£16,000	£83,037	81% below HPI

498 CROMWELL ROAD 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 498 CROMWELL ROAD sales between March 2002 and January 2006 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 July 2004 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the January 2006 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 498 CROMWELL ROAD be worth now?

498 CROMWELL ROAD might now be worth an estimated £107,384.

This is based on house price inflation of 63.9%, between January 2006 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 63.9% inflationary increase is applied to the most recent sale price for 498 CROMWELL ROAD of £65,500 on 27th January 2006. For the value to have increased from £65,500 to £107,384 over the eighteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 498 CROMWELL ROAD has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The January 2006 sale price of £65,500 represented a fair market value for the property.
• The size, condition, and specification of 498 CROMWELL ROAD has not materially changed since January 2006.

How Large is 498 CROMWELL ROAD?

498 CROMWELL ROAD is 112m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% 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 498 CROMWELL ROAD lies on this distribution: 53% of detached houses houses are smaller than 498 CROMWELL ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

498 CROMWELL ROAD: Plot and Title Map

498 CROMWELL ROAD sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 498 CROMWELL ROAD, 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 498 CROMWELL ROAD). 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 498 CROMWELL ROAD?

498 CROMWELL ROAD is located in GRIMSBY, in the DN37 postcode district. The below map shows the position of No. 498 on CROMWELL ROAD.