9, LEA DRIVE, GRIMSBY, DN32 9FB - £195,000

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

9 LEA DRIVE is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £195,000 in March 2015, which was around 22% above the average March 2015 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

9 LEA DRIVE Sold Prices

Land registry data shows three sales for 9 LEA 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. All of the three 9 LEA 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
2015 6 MAR	£195,000	£160,405	22% above HPI
2003 6 FEB	£137,000	£99,133	38% above HPI
2000 19 DEC	£103,995	£72,181	44% above HPI

9 LEA 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 9 LEA DRIVE sales between December 2000 and March 2015 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 February 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 9 LEA DRIVE be worth now?

9 LEA DRIVE might now be worth an estimated £305,050.

This is based on house price inflation of 56.4%, between March 2015 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 56.4% inflationary increase is applied to the most recent sale price for 9 LEA DRIVE of £195,000 on 6th March 2015. For the value to have increased from £195,000 to £305,050 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of 9 LEA DRIVE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The March 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LEA DRIVE has not materially changed since March 2015.

How Large is 9 LEA DRIVE?

9 LEA DRIVE is 118m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 9 LEA DRIVE lies on this distribution: 60% of detached houses houses are smaller than 9 LEA DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

9 LEA DRIVE: Plot and Title Map

9 LEA DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 9 LEA 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 9 LEA 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 9 LEA DRIVE?

9 LEA DRIVE is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 9 on LEA DRIVE.