56, LABURNUM DRIVE, GRIMSBY, DN34 4LF - £139,950

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.

56 LABURNUM DRIVE is a very small semi-detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £184,161. It was last sold for £139,950 in June 2020, which was around 15% above the average June 2020 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

56 LABURNUM DRIVE Sold Prices

Land registry data shows three sales for 56 LABURNUM DRIVE 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 56 LABURNUM 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
2020 15 JUN	£139,950	£121,390	15% above HPI
2014 13 AUG	£115,000	£106,101	8% above HPI
2005 18 FEB	£117,000	£90,282	30% above HPI

56 LABURNUM DRIVE 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 56 LABURNUM DRIVE sales between February 2005 and June 2020 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 August 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 56 LABURNUM DRIVE be worth now?

56 LABURNUM DRIVE might now be worth an estimated £184,161.

This is based on house price inflation of 31.6%, between June 2020 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 31.6% inflationary increase is applied to the most recent sale price for 56 LABURNUM DRIVE of £139,950 on 15th June 2020. For the value to have increased from £139,950 to £184,161 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 56 LABURNUM DRIVE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The June 2020 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 56 LABURNUM DRIVE has not materially changed since June 2020.

How Large is 56 LABURNUM DRIVE?

56 LABURNUM DRIVE is 82m² according to the EPC inspection conducted in September 2011. 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 56 LABURNUM DRIVE lies on this distribution: 19% of semi-detached houses houses are smaller than 56 LABURNUM DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

56 LABURNUM DRIVE: Plot and Title Map

56 LABURNUM DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 56 LABURNUM 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 56 LABURNUM 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 56 LABURNUM DRIVE?

56 LABURNUM DRIVE is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 56 on LABURNUM DRIVE.