FLAT, 84, MENDIP AVENUE, GRIMSBY, DN33 3AN - £180,000

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

FLAT is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £180,000 in October 2008, which was around 7% above the average October 2008 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

FLAT Sold Prices

Land registry data shows two sales for FLAT 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. One of the two FLAT sales was for above the average price, whilst the other was 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
2008 3 OCT	£180,000	£167,858	7% above HPI
2004 7 JUN	£88,500	£134,062	34% below HPI

FLAT 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 FLAT sales from June 2004 and October 2008 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 June 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2008 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might FLAT be worth now?

FLAT might now be worth an estimated £269,082.

This is based on house price inflation of 49.5%, between October 2008 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 49.5% inflationary increase is applied to the most recent sale price for FLAT of £180,000 on 3rd October 2008. For the value to have increased from £180,000 to £269,082 over the fifteen years and ten months to December 2024, the following assumptions must hold true:

• The value of FLAT has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The October 2008 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT has not materially changed since October 2008.

How Large is FLAT?

FLAT is 71m² according to the EPC inspection conducted in October 2013. 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 FLAT lies on this distribution: 9% of detached houses houses are smaller than FLAT, and 91% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

FLAT: Plot and Title Map

FLAT sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of FLAT, 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 FLAT). 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 FLAT?

FLAT, 84 MENDIP AVENUE is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 84 on MENDIP AVENUE.