5, RINOVIA DRIVE, SCARTHO TOP, GRIMSBY, DN33 3GE - £249,950

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 RINOVIA DRIVE is a large detached house of 124m². It was last sold for £249,950 in June 2021, which was around 18% above the average June 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

5 RINOVIA DRIVE Sold Prices

Land registry data shows two sales for 5 RINOVIA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 5 RINOVIA DRIVE 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
2021 29 JUN	£249,950	£211,228	18% above HPI
2011 31 MAR	£206,999	£156,455	32% above HPI

5 RINOVIA DRIVE 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 two 5 RINOVIA DRIVE sales from March 2011 and June 2021 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 March 2011 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 5 RINOVIA DRIVE be worth now?

5 RINOVIA DRIVE might now be worth an estimated £296,931.

This is based on house price inflation of 18.8%, between June 2021 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 18.8% inflationary increase is applied to the most recent sale price for 5 RINOVIA DRIVE of £249,950 on 29th June 2021. For the value to have increased from £249,950 to £296,931 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 5 RINOVIA DRIVE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The June 2021 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 5 RINOVIA DRIVE has not materially changed since June 2021.

How Large is 5 RINOVIA DRIVE?

5 RINOVIA DRIVE is 124m² according to the EPC inspection conducted in January 2011. This puts it in the largest 40% 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 RINOVIA DRIVE lies on this distribution: 67% of detached houses houses are smaller than 5 RINOVIA DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

5 RINOVIA DRIVE: Plot and Title Map

5 RINOVIA DRIVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 5 RINOVIA DRIVE, 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 RINOVIA DRIVE). 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 RINOVIA DRIVE?

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