CHERRY GROVE, SEA DYKE WAY, MARSHCHAPEL, GRIMSBY, DN36 5SX - £358,000

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

CHERRY GROVE is a very large extended detached house of 183m², built sometime between 1930 and 1949. It was last sold for £358,000 in February 2021, which was around 54% above the average February 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

CHERRY GROVE Sold Prices

Land registry data shows two sales for CHERRY GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two CHERRY GROVE 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
2021 23 FEB	£358,000	£232,837	54% above HPI
2019 25 JAN	£358,000	£223,095	60% above HPI

CHERRY GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two CHERRY GROVE sales from January 2019 and February 2021 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 January 2019 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the February 2021 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is CHERRY GROVE?

CHERRY GROVE is 183m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 20% of detached houses in Marshchapel, based on EPC data. The below chart shows the distribution of detached houses by size in Marshchapel, and where CHERRY GROVE lies on this distribution: 83% of detached houses are smaller than CHERRY GROVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Marshchapel.

CHERRY GROVE: Plot and Title Map

CHERRY GROVE sits on a plot of roughly 0.722 of an acre, or 2,920m². The below map shows the location of CHERRY GROVE, 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 CHERRY GROVE). 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 CHERRY GROVE?

CHERRY GROVE is located on SEA DYKE WAY in MARSHCHAPEL, in the DN36 postcode district. The below map shows the position of CHERRY GROVE on SEA DYKE WAY.