MILNE CROFT, TOWN ROAD, TETNEY, GRIMSBY, DN36 5JE - £83,000

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

MILNE CROFT is a small detached house of 114m², built sometime between 1967 and 1975. It was last sold for £83,000 in May 2002, which was around 16% below the average May 2002 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

MILNE CROFT Sold Prices

Land registry data shows two sales for MILNE CROFT 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. One of the two MILNE CROFT sales was for below the average price, whilst the other was 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
2002 13 MAY	£83,000	£98,349	16% below HPI
1998 11 SEP	£68,200	£65,381	4% above HPI

MILNE CROFT 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 MILNE CROFT sales from September 1998 and May 2002 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 September 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2002 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is MILNE CROFT?

MILNE CROFT is 114m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Tetney, based on EPC data. The below chart shows the distribution of detached houses by size in Tetney, and where MILNE CROFT lies on this distribution: 29% of detached houses are smaller than MILNE CROFT, and 71% of houses are larger. Note that EPC data is not available for all properties in Tetney.

MILNE CROFT: Plot and Title Map

MILNE CROFT sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of MILNE CROFT, 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 MILNE CROFT). 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 MILNE CROFT?

MILNE CROFT is located on TOWN ROAD in TETNEY, in the DN36 postcode district. The below map shows the position of MILNE CROFT on TOWN ROAD.