1B, THE AVENUE, HEALING, GRIMSBY, DN41 7NA - £355,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1B THE AVENUE is a large extended detached house of 155m², built sometime between 1983 and 1990, which could now be worth an estimated £463,305. It was last sold for £355,000 in September 2019, which was around 83% above the average September 2019 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

1B THE AVENUE Sold Prices

Land registry data shows two sales for 1B THE AVENUE 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 1B THE AVENUE sales were for above 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
2019 19 SEP	£355,000	£193,543	83% above HPI
2017 2 JUN	£298,000	£184,262	62% above HPI

1B THE AVENUE 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 1B THE AVENUE sales from June 2017 and September 2019 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 June 2017 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2019 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might 1B THE AVENUE be worth now?

1B THE AVENUE might now be worth an estimated £463,305.

This is based on house price inflation of 30.5%, between September 2019 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 30.5% inflationary increase is applied to the most recent sale price for 1B THE AVENUE of £355,000 on 19th September 2019. For the value to have increased from £355,000 to £463,305 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 1B THE AVENUE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The September 2019 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 1B THE AVENUE has not materially changed since September 2019.

How Large is 1B THE AVENUE?

1B THE AVENUE is 155m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% 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 1B THE AVENUE lies on this distribution: 77% of detached houses houses are smaller than 1B THE AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Healing.

1B THE AVENUE: Plot and Title Map

1B THE AVENUE sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of 1B THE AVENUE, 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 1B THE AVENUE). 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 1B THE AVENUE?

1B THE AVENUE is located in HEALING, in the DN41 postcode district. The below map shows the position of No. 1B on THE AVENUE.