7, EDINBURGH WAY, SCARTHO TOP, GRIMSBY, DN33 3TG - £215,000

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.

7 EDINBURGH WAY is a small detached house of 86m², built sometime between 2007 and 2011, which could now be worth an estimated £234,834. It was last sold for £215,000 in June 2022, which was around 7% below the average June 2022 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

7 EDINBURGH WAY Sold Prices

Land registry data shows four sales for 7 EDINBURGH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four 7 EDINBURGH WAY 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
2022 30 JUN	£215,000	£231,256	7% below HPI
2017 1 DEC	£166,000	£186,552	11% below HPI
2015 23 JUN	£161,000	£169,296	5% below HPI
2011 16 DEC	£145,000	£159,700	9% below HPI

7 EDINBURGH WAY 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 four 7 EDINBURGH WAY sales between December 2011 and June 2022 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 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 EDINBURGH WAY be worth now?

7 EDINBURGH WAY might now be worth an estimated £234,834.

This is based on house price inflation of 9.2%, between June 2022 and February 2025, 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 9.2% inflationary increase is applied to the most recent sale price for 7 EDINBURGH WAY of £215,000 on 30th June 2022. For the value to have increased from £215,000 to £234,834 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 7 EDINBURGH WAY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The June 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 7 EDINBURGH WAY has not materially changed since June 2022.

How Large is 7 EDINBURGH WAY?

7 EDINBURGH WAY is 86m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% 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 EDINBURGH WAY lies on this distribution: 22% of detached houses houses are smaller than 7 EDINBURGH WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

7 EDINBURGH WAY: Plot and Title Map

7 EDINBURGH WAY sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 7 EDINBURGH WAY, 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 EDINBURGH WAY). 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 EDINBURGH WAY?

7 EDINBURGH WAY is located in SCARTHO TOP, in the DN33 postcode district. The below map shows the position of No. 7 on EDINBURGH WAY.