1A, NICHOLSON STREET, CLEETHORPES, DN35 8RW - £99,995

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.

1A NICHOLSON STREET is a very small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £160,300. It was last sold for £99,995 in May 2006, which was around 37% below the average May 2006 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

1A NICHOLSON STREET Sold Prices

Land registry data shows three sales for 1A NICHOLSON STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 1A NICHOLSON STREET 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
2006 12 MAY	£99,995	£159,318	37% below HPI
2002 20 DEC	£73,950	£95,926	23% below HPI
1996 14 JUN	£43,000	£63,345	32% below HPI

1A NICHOLSON STREET 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 three 1A NICHOLSON STREET sales between June 1996 and May 2006 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 December 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2006 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1A NICHOLSON STREET be worth now?

1A NICHOLSON STREET might now be worth an estimated £160,300.

This is based on house price inflation of 60.3%, between May 2006 and March 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 60.3% inflationary increase is applied to the most recent sale price for 1A NICHOLSON STREET of £99,995 on 12th May 2006. For the value to have increased from £99,995 to £160,300 over the nineteen years and two months to March 2025, the following assumptions must hold true:

• The value of 1A NICHOLSON STREET has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The May 2006 sale price of £99,995 represented a fair market value for the property.
• The size, condition, and specification of 1A NICHOLSON STREET has not materially changed since May 2006.

How Large is 1A NICHOLSON STREET?

1A NICHOLSON STREET is 73m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses houses in Cleethorpes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleethorpes, and where 1A NICHOLSON STREET lies on this distribution: 11% of detached houses houses are smaller than 1A NICHOLSON STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

1A NICHOLSON STREET: Plot and Title Map

1A NICHOLSON STREET sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 1A NICHOLSON STREET, 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 1A NICHOLSON STREET). 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 1A NICHOLSON STREET?

1A NICHOLSON STREET is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 1A on NICHOLSON STREET.