5, WATERWORKS COTTAGES, LITTLEFIELD LANE, GRIMSBY, DN34 4RX - £124,950

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 WATERWORKS COTTAGES is a very small semi-detached house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £188,116. It was last sold for £124,950 in August 2014, which was around 18% above the average August 2014 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

5 WATERWORKS COTTAGES Sold Prices

Land registry data shows three sales for 5 WATERWORKS COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 5 WATERWORKS COTTAGES 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
2014 22 AUG	£124,950	£106,101	18% above HPI
2007 20 APR	£127,500	£111,533	14% above HPI
2004 12 JUL	£93,000	£87,205	7% above HPI

5 WATERWORKS COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The three 5 WATERWORKS COTTAGES sales between July 2004 and August 2014 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 April 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2014 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 5 WATERWORKS COTTAGES be worth now?

5 WATERWORKS COTTAGES might now be worth an estimated £188,116.

This is based on house price inflation of 50.6%, between August 2014 and February 2025, for semi-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 50.6% inflationary increase is applied to the most recent sale price for 5 WATERWORKS COTTAGES of £124,950 on 22nd August 2014. For the value to have increased from £124,950 to £188,116 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 5 WATERWORKS COTTAGES has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The August 2014 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 5 WATERWORKS COTTAGES has not materially changed since August 2014.

How Large is 5 WATERWORKS COTTAGES?

5 WATERWORKS COTTAGES is 74m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of semi-detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimsby, and where 5 WATERWORKS COTTAGES lies on this distribution: 11% of semi-detached houses houses are smaller than 5 WATERWORKS COTTAGES, and 88% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

5 WATERWORKS COTTAGES: Plot and Title Map

5 WATERWORKS COTTAGES sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 5 WATERWORKS COTTAGES, 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 WATERWORKS COTTAGES). 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 WATERWORKS COTTAGES?

5 WATERWORKS COTTAGES is located on LITTLEFIELD LANE in GRIMSBY, in the DN34 postcode district. The below map shows the position of 5 WATERWORKS COTTAGES on LITTLEFIELD LANE.