7, CORMORANT DRIVE, GRIMSBY, DN37 9PA - £183,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 CORMORANT DRIVE is a very large extended detached house of 149m², built sometime between 1983 and 1990, which could now be worth an estimated £259,516. It was last sold for £183,000 in July 2007, which was around 3% above the average July 2007 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

7 CORMORANT DRIVE Sold Prices

Land registry data shows three sales for 7 CORMORANT DRIVE 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. Two of the three 7 CORMORANT DRIVE sales were for above the average price, whilst one was 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 2 JUL	£183,000	£176,946	3% above HPI
2003 19 DEC	£146,000	£121,301	20% above HPI
2003 12 SEP	£115,000	£116,332	1% below HPI

7 CORMORANT 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 three 7 CORMORANT DRIVE sales between September 2003 and July 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 December 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2007 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 7 CORMORANT DRIVE be worth now?

7 CORMORANT DRIVE might now be worth an estimated £259,516.

This is based on house price inflation of 41.8%, between July 2007 and December 2024, for 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 41.8% inflationary increase is applied to the most recent sale price for 7 CORMORANT DRIVE of £183,000 on 2nd July 2007. For the value to have increased from £183,000 to £259,516 over the sixteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 7 CORMORANT DRIVE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The July 2007 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CORMORANT DRIVE has not materially changed since July 2007.

How Large is 7 CORMORANT DRIVE?

7 CORMORANT DRIVE is 149m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsby, and where 7 CORMORANT DRIVE lies on this distribution: 85% of detached houses houses are smaller than 7 CORMORANT DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

7 CORMORANT DRIVE: Plot and Title Map

7 CORMORANT DRIVE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 7 CORMORANT 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 7 CORMORANT 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 7 CORMORANT DRIVE?

7 CORMORANT DRIVE is located in GRIMSBY, in the DN37 postcode district. The below map shows the position of No. 7 on CORMORANT DRIVE.