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 WALMSGATE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £44,000 in October 2007, which was around 75% below the average October 2007 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 5 WALMSGATE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the five 5 WALMSGATE sales were for below 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 |
---|---|---|---|
2007 24 OCT | £44,000 | £176,352 | 75% below HPI |
2007 18 JUN | £39,000 | £179,582 | 78% below HPI |
2002 18 JUN | £19,500 | £88,879 | 78% below HPI |
2000 27 OCT | £12,500 | £72,211 | 83% below HPI |
1998 1 OCT | £19,950 | £68,411 | 71% below HPI |
The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The five 5 WALMSGATE sales between October 1998 and October 2007 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 June 2007 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the October 2007 sale, where it rises to 75% below the HPI. The line then continues to track at 75% below the HPI.
5 WALMSGATE is 61m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% 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 WALMSGATE lies on this distribution: 3% of detached houses are smaller than 5 WALMSGATE, and 97% of houses are larger. Note that EPC data is not available for all properties in Grimsby.
5 WALMSGATE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 5 WALMSGATE, 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 WALMSGATE). 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.
5 WALMSGATE is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 5 on WALMSGATE.