12, OAK ROAD, HEALING, GRIMSBY, DN41 7RH - £165,000

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.

12 OAK ROAD is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £218,696. It was last sold for £165,000 in December 2018, which was around 13% below the average December 2018 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

12 OAK ROAD Sold Prices

Land registry data shows two sales for 12 OAK ROAD 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 East Lincolnshire local authority area for the corresponding sale date. Both of the two 12 OAK ROAD sales were 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 13 DEC	£165,000	£190,572	13% below HPI
1995 31 MAY	£46,000	£62,144	26% below HPI

12 OAK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 12 OAK ROAD sales from May 1995 and December 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 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12 OAK ROAD be worth now?

12 OAK ROAD might now be worth an estimated £218,696.

This is based on house price inflation of 32.5%, between December 2018 and February 2025, for detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.5% inflationary increase is applied to the most recent sale price for 12 OAK ROAD of £165,000 on 13th December 2018. For the value to have increased from £165,000 to £218,696 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 OAK ROAD has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The December 2018 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OAK ROAD has not materially changed since December 2018.

How Large is 12 OAK ROAD?

12 OAK ROAD is 62m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Healing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Healing, and where 12 OAK ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 12 OAK ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Healing.

12 OAK ROAD: Plot and Title Map

12 OAK ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 12 OAK ROAD, 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 12 OAK ROAD). 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 12 OAK ROAD?

12 OAK ROAD is located in HEALING, in the DN41 postcode district. The below map shows the position of No. 12 on OAK ROAD.