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
177 NELSON WAY is a very small extended detached house of 77m², built sometime between 1983 and 1990. It was last sold for £160,000 in June 2021, which was around 26% below the average June 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 177 NELSON WAY since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the six 177 NELSON WAY 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 |
---|---|---|---|
2021 11 JUN | £160,000 | £215,271 | 26% below HPI |
2011 25 NOV | £149,950 | £163,959 | 9% below HPI |
2006 18 AUG | £117,500 | £167,020 | 30% below HPI |
2004 2 AUG | £109,000 | £143,620 | 24% below HPI |
1996 4 SEP | £46,000 | £65,499 | 30% below HPI |
1995 10 MAR | £44,000 | £63,015 | 30% below HPI |
The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The six 177 NELSON WAY sales between March 1995 and June 2021 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 November 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
177 NELSON WAY is 77m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 177 NELSON WAY lies on this distribution: 14% of detached houses are smaller than 177 NELSON WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Grimsby.
177 NELSON WAY sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 177 NELSON WAY, 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 177 NELSON WAY). 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.
177 NELSON WAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 177 on NELSON WAY.