5, FORTUNA WAY, GRIMSBY, DN37 9SH - £127,000

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

5 FORTUNA WAY is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £127,000 in May 2016, which was around 30% below the average May 2016 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

5 FORTUNA WAY Sold Prices

Land registry data shows four sales for 5 FORTUNA WAY 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 FORTUNA 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
2016 6 MAY	£127,000	£181,182	30% below HPI
2005 29 APR	£125,000	£147,641	15% below HPI
2002 29 NOV	£85,500	£99,023	14% below HPI
1999 21 JAN	£51,000	£68,004	25% below HPI

5 FORTUNA 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 four 5 FORTUNA WAY sales between January 1999 and May 2016 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 April 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 FORTUNA WAY?

5 FORTUNA WAY is 84m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 5 FORTUNA WAY lies on this distribution: 20% of detached houses are smaller than 5 FORTUNA WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

5 FORTUNA WAY: Plot and Title Map

5 FORTUNA WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 5 FORTUNA 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 5 FORTUNA 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 5 FORTUNA WAY?

5 FORTUNA WAY is located in GRIMSBY, in the DN37 postcode district. The below map shows the position of No. 5 on FORTUNA WAY.