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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 FORTUNA WAY is a very small extended detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £179,257. It was last sold for £127,000 in May 2016, which was around 29% 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	£177,780	29% below HPI
2005 29 APR	£125,000	£144,869	14% below HPI
2002 29 NOV	£85,500	£97,163	12% below HPI
1999 21 JAN	£51,000	£66,727	24% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 FORTUNA WAY be worth now?

5 FORTUNA WAY might now be worth an estimated £179,257.

This is based on house price inflation of 41.1%, between May 2016 and December 2024, 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 41.1% inflationary increase is applied to the most recent sale price for 5 FORTUNA WAY of £127,000 on 6th May 2016. For the value to have increased from £127,000 to £179,257 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 5 FORTUNA WAY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The May 2016 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FORTUNA WAY has not materially changed since May 2016.

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 houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsby, and where 5 FORTUNA WAY lies on this distribution: 20% of detached houses 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.