THE HOMESTEAD, HUMBERSTON ROAD, TETNEY, GRIMSBY, DN36 5NJ - £440,000

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

THE HOMESTEAD is a midsized extended detached house of 177m², built sometime between 1900 and 1929. It was last sold for £440,000 in September 2019, which was around 99% above the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

THE HOMESTEAD Sold Prices

Land registry data shows four sales for THE HOMESTEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four THE HOMESTEAD 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
2019 13 SEP	£440,000	£221,456	99% above HPI
2014 5 JUN	£378,000	£174,182	117% above HPI
2006 8 DEC	£249,999	£177,830	41% above HPI
1995 8 NOV	£83,000	£55,148	51% above HPI

THE HOMESTEAD 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 four THE HOMESTEAD sales between November 1995 and September 2019 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 2014 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the September 2019 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is THE HOMESTEAD?

THE HOMESTEAD is 177m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses in Tetney, based on EPC data. The below chart shows the distribution of detached houses by size in Tetney, and where THE HOMESTEAD lies on this distribution: 59% of detached houses are smaller than THE HOMESTEAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Tetney.

THE HOMESTEAD: Plot and Title Map

THE HOMESTEAD sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of THE HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

THE HOMESTEAD is located on HUMBERSTON ROAD in TETNEY, in the DN36 postcode district. The below map shows the position of THE HOMESTEAD on HUMBERSTON ROAD.