5, CORNFIELD CLOSE, GRIMSBY, DN33 3PE - £224,500

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.

5 CORNFIELD CLOSE is a midsized extended detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £292,992. It was last sold for £224,500 in September 2019, which was around 16% above the average September 2019 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

5 CORNFIELD CLOSE Sold Prices

Land registry data shows four sales for 5 CORNFIELD CLOSE 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 5 CORNFIELD CLOSE sales were 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
2019 6 SEP	£224,500	£193,543	16% above HPI
2013 18 OCT	£170,000	£162,777	4% above HPI
2004 30 APR	£154,950	£125,720	23% above HPI
1998 2 OCT	£77,950	£67,126	16% above HPI

5 CORNFIELD CLOSE 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 5 CORNFIELD CLOSE sales between October 1998 and September 2019 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 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 5 CORNFIELD CLOSE be worth now?

5 CORNFIELD CLOSE might now be worth an estimated £292,992.

This is based on house price inflation of 30.5%, between September 2019 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 30.5% inflationary increase is applied to the most recent sale price for 5 CORNFIELD CLOSE of £224,500 on 6th September 2019. For the value to have increased from £224,500 to £292,992 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 CORNFIELD CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The September 2019 sale price of £224,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CORNFIELD CLOSE has not materially changed since September 2019.

How Large is 5 CORNFIELD CLOSE?

5 CORNFIELD CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 5 CORNFIELD CLOSE lies on this distribution: 47% of detached houses houses are smaller than 5 CORNFIELD CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

5 CORNFIELD CLOSE: Plot and Title Map

5 CORNFIELD CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 5 CORNFIELD CLOSE, 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 5 CORNFIELD CLOSE). 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 5 CORNFIELD CLOSE?

5 CORNFIELD CLOSE is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 5 on CORNFIELD CLOSE.