5, PERMAIN CLOSE, SCARTHO, GRIMSBY, DN33 2FB - £302,000

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 PERMAIN CLOSE is a large extended detached house of 130m², built sometime between 2003 and 2006. It was last sold for £302,000 in October 2020, which was around 49% above the average October 2020 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

5 PERMAIN CLOSE Sold Prices

Land registry data shows three sales for 5 PERMAIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 5 PERMAIN 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
2020 2 OCT	£302,000	£202,295	49% above HPI
2007 2 FEB	£210,000	£168,779	24% above HPI
2003 12 JUN	£130,000	£108,405	20% above HPI

5 PERMAIN 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 three 5 PERMAIN CLOSE sales between June 2003 and October 2020 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 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2020 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 5 PERMAIN CLOSE be worth now?

5 PERMAIN CLOSE might now be worth an estimated £374,607.

This is based on house price inflation of 24%, between October 2020 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 24% inflationary increase is applied to the most recent sale price for 5 PERMAIN CLOSE of £302,000 on 2nd October 2020. For the value to have increased from £302,000 to £374,607 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 PERMAIN CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The October 2020 sale price of £302,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PERMAIN CLOSE has not materially changed since October 2020.

How Large is 5 PERMAIN CLOSE?

5 PERMAIN CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% 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 PERMAIN CLOSE lies on this distribution: 73% of detached houses houses are smaller than 5 PERMAIN CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

5 PERMAIN CLOSE: Plot and Title Map

5 PERMAIN CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 5 PERMAIN 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 PERMAIN 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 PERMAIN CLOSE?

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