WESTERLY EDGE, LITTLEFIELD LANE, MARSHCHAPEL, GRIMSBY, DN36 5TJ - £220,000

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.

WESTERLY EDGE is a small extended detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £297,604. It was last sold for £220,000 in February 2018, which was around 4% above the average February 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

WESTERLY EDGE Sold Prices

Land registry data shows two sales for WESTERLY EDGE 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 WESTERLY EDGE sales was for above the average price, whilst the other was for below 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
2018 28 FEB	£220,000	£211,608	4% above HPI
1997 12 MAY	£58,000	£60,282	4% below HPI

WESTERLY EDGE 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 WESTERLY EDGE sales from May 1997 and February 2018 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 1997 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might WESTERLY EDGE be worth now?

WESTERLY EDGE might now be worth an estimated £297,604.

This is based on house price inflation of 35.3%, between February 2018 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 35.3% inflationary increase is applied to the most recent sale price for WESTERLY EDGE of £220,000 on 28th February 2018. For the value to have increased from £220,000 to £297,604 over the seven years to February 2025, the following assumptions must hold true:

• The value of WESTERLY EDGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of WESTERLY EDGE has not materially changed since February 2018.

How Large is WESTERLY EDGE?

WESTERLY EDGE is 87m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses houses in Marshchapel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marshchapel, and where WESTERLY EDGE lies on this distribution: 26% of detached houses houses are smaller than WESTERLY EDGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Marshchapel.

WESTERLY EDGE: Plot and Title Map

WESTERLY EDGE sits on a plot of roughly 0.280 of an acre, or 1,133m². The below map shows the location of WESTERLY EDGE, 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 WESTERLY EDGE). 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 WESTERLY EDGE?

WESTERLY EDGE is located on LITTLEFIELD LANE in MARSHCHAPEL, in the DN36 postcode district. The below map shows the position of WESTERLY EDGE on LITTLEFIELD LANE.