5, LAMBERT ROAD, GRIMSBY, DN32 0HT - £399,950

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 LAMBERT ROAD is a very large detached house of 155m², built sometime between 1996 and 2002. It was last sold for £399,950 in September 2023, which was around 65% above the average September 2023 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

5 LAMBERT ROAD Sold Prices

Land registry data shows four sales for 5 LAMBERT ROAD 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 LAMBERT ROAD 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
2023 1 SEP	£399,950	£241,926	65% above HPI
2005 1 FEB	£180,000	£145,074	24% above HPI
2002 23 OCT	£152,000	£97,549	56% above HPI
1996 5 JUL	£96,500	£66,064	46% above HPI

5 LAMBERT 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 four 5 LAMBERT ROAD sales between July 1996 and September 2023 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 February 2005 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2023 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 5 LAMBERT ROAD?

5 LAMBERT ROAD is 155m² according to the EPC inspection conducted in May 2023. This puts it in the largest 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 LAMBERT ROAD lies on this distribution: 87% of detached houses are smaller than 5 LAMBERT ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

5 LAMBERT ROAD: Plot and Title Map

5 LAMBERT ROAD sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 5 LAMBERT 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 5 LAMBERT 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 5 LAMBERT ROAD?

5 LAMBERT ROAD is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 5 on LAMBERT ROAD.