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

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 HOMESTEAD is a midsized extended detached house of 177m², built sometime between 1900 and 1929, which could now be worth an estimated £560,571. It was last sold for £440,000 in September 2019, which was around 96% 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	£224,683	96% above HPI
2014 5 JUN	£378,000	£176,720	114% above HPI
2006 8 DEC	£249,999	£180,421	39% above HPI
1995 8 NOV	£83,000	£55,952	48% 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 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the September 2019 sale, where it falls to 96% above the HPI. The line then continues to track at 96% above the HPI.

What might THE HOMESTEAD be worth now?

THE HOMESTEAD might now be worth an estimated £560,571.

This is based on house price inflation of 27.4%, between September 2019 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 27.4% inflationary increase is applied to the most recent sale price for THE HOMESTEAD of £440,000 on 13th September 2019. For the value to have increased from £440,000 to £560,571 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of THE HOMESTEAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2019 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOMESTEAD has not materially changed since September 2019.

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 houses in Tetney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tetney, and where THE HOMESTEAD lies on this distribution: 59% of detached houses 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.