9, WOAD LANE, GREAT COATES, GRIMSBY, DN37 9NB - £186,000

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.

9 WOAD LANE is a very small detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £254,255. It was last sold for £186,000 in November 2017, which was around 1% above the average November 2017 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

9 WOAD LANE Sold Prices

Land registry data shows three sales for 9 WOAD LANE 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. One of the three 9 WOAD LANE sales was for above the average price, whilst two 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
2017 10 NOV	£186,000	£184,782	1% above HPI
2015 29 JUL	£131,000	£171,944	24% below HPI
1998 28 AUG	£57,500	£68,163	16% below HPI

9 WOAD LANE 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 WOAD LANE sales between August 1998 and November 2017 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 July 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 9 WOAD LANE be worth now?

9 WOAD LANE might now be worth an estimated £254,255.

This is based on house price inflation of 36.7%, between November 2017 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 36.7% inflationary increase is applied to the most recent sale price for 9 WOAD LANE of £186,000 on 10th November 2017. For the value to have increased from £186,000 to £254,255 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 WOAD LANE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The November 2017 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WOAD LANE has not materially changed since November 2017.

How Large is 9 WOAD LANE?

9 WOAD LANE is 66m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% 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 WOAD LANE lies on this distribution: 5% of detached houses houses are smaller than 9 WOAD LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

9 WOAD LANE: Plot and Title Map

9 WOAD LANE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 9 WOAD LANE, 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 WOAD LANE). 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 WOAD LANE?

9 WOAD LANE is located in GREAT COATES, in the DN37 postcode district. The below map shows the position of No. 9 on WOAD LANE.