BOUNDARY HOUSE, LACEBY ROAD, GRIMSBY, DN34 5PD - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BOUNDARY HOUSE is a very large extended detached house of 234m², built sometime between 1930 and 1949. It was last sold for £350,000 in July 2022, which was around 44% above the average July 2022 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

BOUNDARY HOUSE Sold Prices

Land registry data shows two sales for BOUNDARY HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two BOUNDARY HOUSE 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
2022 8 JUL	£350,000	£242,846	44% above HPI
2016 27 JUL	£243,000	£180,192	35% above HPI

BOUNDARY HOUSE 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 two BOUNDARY HOUSE sales from July 2016 and July 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 July 2016 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2022 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is BOUNDARY HOUSE?

BOUNDARY HOUSE is 234m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where BOUNDARY HOUSE lies on this distribution: 98% of detached houses are smaller than BOUNDARY HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

BOUNDARY HOUSE: Plot and Title Map

BOUNDARY HOUSE sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of BOUNDARY HOUSE, 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 BOUNDARY HOUSE). 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 BOUNDARY HOUSE?

BOUNDARY HOUSE is located on LACEBY ROAD in GRIMSBY, in the DN34 postcode district. The below map shows the position of BOUNDARY HOUSE on LACEBY ROAD.