NOVA, GROVE LANE, WALTHAM, GRIMSBY, DN37 0HD - £277,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

NOVA is a very large extended detached house of 207m², built sometime between 1950 and 1966. It was last sold for £277,500 in November 2009, which was around 59% above the average November 2009 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

NOVA Sold Prices

Land registry data shows four sales for NOVA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four NOVA 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
2009 12 NOV	£277,500	£174,316	59% above HPI
2006 26 MAY	£249,500	£162,367	54% above HPI
2003 1 AUG	£215,000	£115,705	86% above HPI
2002 24 NOV	£196,000	£99,023	98% above HPI

NOVA 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 four NOVA sales between November 2002 and November 2009 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 May 2006 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2009 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is NOVA?

NOVA is 207m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in Waltham, based on EPC data. The below chart shows the distribution of detached houses by size in Waltham, and where NOVA lies on this distribution: 87% of detached houses are smaller than NOVA, and 13% of houses are larger. Note that EPC data is not available for all properties in Waltham.

NOVA: Plot and Title Map

NOVA sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of NOVA, 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 NOVA). 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 NOVA?

NOVA is located on GROVE LANE in WALTHAM, in the DN37 postcode district. The below map shows the position of NOVA on GROVE LANE.