5, NEWMARCH COURT, SCARTHO TOP, GRIMSBY, DN33 3SL - £177,500

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 NEWMARCH COURT is a midsized extended detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £265,846. It was last sold for £177,500 in February 2016, which was around 5% above the average February 2016 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was B.

5 NEWMARCH COURT Sold Prices

Land registry data shows four sales for 5 NEWMARCH COURT 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. Most of the four 5 NEWMARCH COURT 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
2016 8 FEB	£177,500	£168,649	5% above HPI
2010 25 FEB	£164,000	£168,515	3% below HPI
2008 14 MAR	£181,000	£172,373	5% above HPI
1999 22 JUL	£85,495	£69,867	22% above HPI

5 NEWMARCH COURT 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 NEWMARCH COURT sales between July 1999 and February 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 February 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2016 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 5 NEWMARCH COURT be worth now?

5 NEWMARCH COURT might now be worth an estimated £265,846.

This is based on house price inflation of 49.8%, between February 2016 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 49.8% inflationary increase is applied to the most recent sale price for 5 NEWMARCH COURT of £177,500 on 8th February 2016. For the value to have increased from £177,500 to £265,846 over the nine years to February 2025, the following assumptions must hold true:

• The value of 5 NEWMARCH COURT has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The February 2016 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 5 NEWMARCH COURT has not materially changed since February 2016.

How Large is 5 NEWMARCH COURT?

5 NEWMARCH COURT is 116m², which includes one extension, according to the EPC inspection conducted in August 2015. 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 5 NEWMARCH COURT lies on this distribution: 58% of detached houses houses are smaller than 5 NEWMARCH COURT, and 41% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

5 NEWMARCH COURT: Plot and Title Map

5 NEWMARCH COURT sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 5 NEWMARCH COURT, 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 NEWMARCH COURT). 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 NEWMARCH COURT?

5 NEWMARCH COURT is located in SCARTHO TOP, in the DN33 postcode district. The below map shows the position of No. 5 on NEWMARCH COURT.