56, CRAITHIE ROAD, CLEETHORPES, DN35 9AX - £185,000

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

56 CRAITHIE ROAD is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £185,000 in February 2024, which was around 21% below the average February 2024 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

56 CRAITHIE ROAD Sold Prices

Land registry data shows three sales for 56 CRAITHIE ROAD 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 56 CRAITHIE ROAD 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
2024 1 FEB	£185,000	£233,739	21% below HPI
2006 16 JUN	£110,000	£165,920	34% below HPI
1999 3 SEP	£52,000	£69,500	25% below HPI

56 CRAITHIE ROAD 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 56 CRAITHIE ROAD sales between September 1999 and February 2024 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 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 56 CRAITHIE ROAD?

56 CRAITHIE ROAD is 65m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Cleethorpes, based on EPC data. The below chart shows the distribution of detached houses by size in Cleethorpes, and where 56 CRAITHIE ROAD lies on this distribution: 4% of detached houses are smaller than 56 CRAITHIE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

56 CRAITHIE ROAD: Plot and Title Map

56 CRAITHIE ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 56 CRAITHIE ROAD, 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 56 CRAITHIE ROAD). 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 56 CRAITHIE ROAD?

56 CRAITHIE ROAD is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 56 on CRAITHIE ROAD.