THE CREG, COTTAGE CLOSE, HIBALDSTOW, BRIGG, DN20 9PY - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE CREG is a large detached house of 134m², built sometime between 1991 and 1995, which could now be worth an estimated £346,829. It was last sold for £249,950 in February 2017, which was around 40% above the average February 2017 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

THE CREG Sold Prices

Land registry data shows two sales for THE CREG 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 Lincolnshire local authority area for the corresponding sale date. Both of the two THE CREG 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 20 FEB	£249,950	£178,305	40% above HPI
1998 15 MAY	£98,500	£62,694	57% above HPI

THE CREG Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two THE CREG sales from May 1998 and February 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 May 1998 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2017 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might THE CREG be worth now?

THE CREG might now be worth an estimated £346,829.

This is based on house price inflation of 38.8%, between February 2017 and February 2025, for detached houses, in the North Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.8% inflationary increase is applied to the most recent sale price for THE CREG of £249,950 on 20th February 2017. For the value to have increased from £249,950 to £346,829 over the eight years to February 2025, the following assumptions must hold true:

• The value of THE CREG has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The February 2017 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of THE CREG has not materially changed since February 2017.

How Large is THE CREG?

THE CREG is 134m² according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses houses in Hibaldstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hibaldstow, and where THE CREG lies on this distribution: 73% of detached houses houses are smaller than THE CREG, and 26% of houses are larger. Note that EPC data is not available for all properties in Hibaldstow.

THE CREG: Plot and Title Map

THE CREG sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of THE CREG, 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 THE CREG). 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 THE CREG?

THE CREG is located on COTTAGE CLOSE in HIBALDSTOW, in the DN20 postcode district. The below map shows the position of THE CREG on COTTAGE CLOSE.