Sold STC Detached

24 THE DRIVE

GRIMSBY, WALTHAM, NORTH EAST LINCOLNSHIRE DN37 0FB

3,886 sq ft Listed 27 Aug 2014 (-4357d)

£495,000

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Front

Front Kitchen Diner Kitchen Kitchen Entrance Hall Family Area Dining Room Galleried Landing Bedroom En-Suite Bedroom Bedroom Shower Room Bathroom En Suite Rear View Rear Garden Entrance Views

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Property details

Tenure

FREEHOLD

Floor area

361 m²

EPC rating

D

Last sold

£475,000 Feb 2015

Price per m²

£1,371/m²

Local average

£314,316 (+57.5%)

Deprivation

Decile 10 (31,742 of 33,755)

Street crime

16 incidents within 1 mile (May 2026)

Key features

  • EXECUTIVE 6 BED 3 STOREY HOME
  • LOUNGE & DINING ROOM
  • CONSERVATORY & STUDY
  • BREAKFAST ROOM & UTILITY
  • BATHROOM, SHOWER ROOM & 2 EN-SUITES
  • DOUBLE GARAGE & EXTENSIVE DRIV
  • FRONT, SIDE & REAR GARDENS
  • EPC RATING - D

Additional details

Parking
Yes
Garden
Yes

Description

Set well back within extensive mature private gardens which back on to Waltham Golf Club, is this substantial executive detached family residence. Individually designed and built to an exceptional standard, the property offers impressive and versatile levels of living accommodation throughout, with 6 bedrooms and 4 bathrooms set across three storey. Early viewing is encouraged in order for potential purchasers to fully appreciate this substantial home and its grounds.
Comprises: Entrance porch, hallway, cloakroom, lounge, dining room, conservatory, open plan breakfast kitchen, utility room, master bedroom with dressing area and en-suite, guest bedroom with en-suite, 4 further bedrooms, bathroom, shower room, block paved driveway, double garage and mature gardens to all sides.

Listed by

Grimsby

Pygott & Crone

Reference: 32055036

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 13/09/2014

Expiry date: 12/09/2024 (expired)

Current heating cost: £2,447/year

Potential heating cost: £2,184/year

Est. upgrade cost to C: £15,330

Recommendations

  • Floor insulation (£800 - £1,200)
  • Low energy lighting for all fixed outlets (£230)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar photovoltaic panels, 2.5 kWp (£9,000 - £14,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

44% since 2002

Event Date Price % change
Sold 02/02/2015 (11 years ago) £475,000 +43.9%
Sold 30/08/2002 (23 years ago) £330,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 25 THE DRIVE, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0FB £585,000 30/10/2024 Detached
28 INGS LANE, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0HB £795,000 30/06/2023 Detached
LANCASTER HOUSE CHEAPSIDE, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0HT £457,500 08/09/2022 Detached
6 BROOK LANE, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0LD £545,000 29/07/2022 Detached
57 INGS LANE, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0EY £495,000 27/07/2022 Detached
11A GOLF COURSE LANE, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0JN £490,000 29/06/2022 Detached
7 BROOK LANE, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0LD £200,000 25/05/2022 Detached
FIRLANDS, 51 INGS LANE, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0EY £400,000 23/05/2022 Detached
1 THE GREEN, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0FH £356,000 16/02/2022 Detached
13 THE GREEN, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0FH £295,000 27/01/2022 Detached
15 THE GREEN, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0FH £405,000 30/09/2021 Detached
2 THE GREEN, WALTHAM, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN37 0FH £335,000 17/08/2021 Detached

Street average: £585,000 (1 sale)

Area average: £433,955 (11 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 42.4%
10y growth 40.6%

House Price Index (HM Land Registry — official index, not sold-price averages): North East Lincolnshire. Series: Detached. As of April 2026.

1y (index) 0.9%
5y (index) 17.7%
10y (index) 39.4%

Rental Range

Estimated market rent for North East Lincolnshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £561/mo
Realistic £623/mo
Optimistic £685/mo

Based on Local Authority from postcode lookup → North East Lincolnshire.

LHA (30th percentile) floor for Grimsby: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View DN37 0FB

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Spar 0.5 miles
Bus stop Church Lane 0.5 miles
Bus stop Ings Lane 0.5 miles
Shop Lincolnshire Co-op 0.5 miles
Hospital Harrison House 2.9 miles
Hospital St Hughs 2.9 miles
University University Centre Grimsby 3.0 miles
University University Centre (University of Hull) 3.0 miles
Train station Grimsby Town 3.6 miles
Train station North Thoresby 3.7 miles

Street-level crime

Category Count
Violence and sexual offences 6
Other theft 3
Public order 3
Criminal damage and arson 2
Anti-social behaviour 1
Robbery 1
Total incidents 16

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Waltham Leas Primary Academy Primary 0.6 miles Good — 7 Dec 2023
Waltham Toll Bar Academy Secondary 0.9 miles Good — 18 Jan 2024
Springfield Primary Academy Primary 1.4 miles Good — 19 Sep 2018
Holton Le Clay Infant School Primary 1.5 miles Good — 9 Jun 2024
Fairfield Academy Primary 1.5 miles Good — 17 Jan 2011

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed End Terrace, New Road, DN37 £750/mo 2 0.38 miles OpenRent

Average rent: £750/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.15%
Max investor price (0.8%) £93,750
Target investor price (1%) £75,000
Gross yield 1.8%
Cost-to-rent ratio 55×
Monthly cashflow £-1,299/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -10.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).