MARRAM, SEA DYKE WAY, MARSHCHAPEL, GRIMSBY, DN36 5TZ - £330,000

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

MARRAM is a very large detached house of 195m², built sometime between 2003 and 2006, which could now be worth an estimated £442,525. It was last sold for £330,000 in September 2017, which was around 55% above the average September 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

MARRAM Sold Prices

Land registry data shows two sales for MARRAM 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 MARRAM 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
2017 18 SEP	£330,000	£213,464	55% above HPI
2016 21 MAR	£292,600	£188,811	55% above HPI

MARRAM 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 MARRAM sales from March 2016 and September 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 March 2016 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the September 2017 sale, which was also at 55% above the HPI.

What might MARRAM be worth now?

MARRAM might now be worth an estimated £442,525.

This is based on house price inflation of 34.1%, between September 2017 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.1% inflationary increase is applied to the most recent sale price for MARRAM of £330,000 on 18th September 2017. For the value to have increased from £330,000 to £442,525 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of MARRAM has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2017 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of MARRAM has not materially changed since September 2017.

How Large is MARRAM?

MARRAM is 195m² according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses houses in Marshchapel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marshchapel, and where MARRAM lies on this distribution: 86% of detached houses houses are smaller than MARRAM, and 13% of houses are larger. Note that EPC data is not available for all properties in Marshchapel.

MARRAM: Plot and Title Map

MARRAM sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of MARRAM, 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 MARRAM). 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 MARRAM?

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