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

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 RINOVIA DRIVE is a large detached house of 124m². It was last sold for £249,950 in June 2021, which was around 16% 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	£215,271	16% above HPI
2011 31 MAR	£206,999	£159,449	30% 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 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

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 in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 5 RINOVIA DRIVE lies on this distribution: 67% of detached 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.