24, NICHOLSON ROAD, HEALING, GRIMSBY, DN41 7NW - £325,000

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

24 NICHOLSON ROAD is a small detached house of 114m², built sometime between 1967 and 1975. It was last sold for £325,000 in July 2024, which was around 29% above the average July 2024 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

24 NICHOLSON ROAD Sold Prices

Land registry data shows three sales for 24 NICHOLSON ROAD 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 24 NICHOLSON ROAD 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
2024 30 JUL	£325,000	£252,393	29% above HPI
2021 19 JUL	£275,000	£219,138	25% above HPI
2011 25 JUL	£200,000	£160,387	25% above HPI

24 NICHOLSON 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 three 24 NICHOLSON ROAD sales between July 2011 and July 2024 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 July 2021 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2024 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 24 NICHOLSON ROAD?

24 NICHOLSON ROAD is 114m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses in Healing, based on EPC data. The below chart shows the distribution of detached houses by size in Healing, and where 24 NICHOLSON ROAD lies on this distribution: 37% of detached houses are smaller than 24 NICHOLSON ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Healing.

24 NICHOLSON ROAD: Plot and Title Map

24 NICHOLSON ROAD sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 24 NICHOLSON 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 24 NICHOLSON 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 24 NICHOLSON ROAD?

24 NICHOLSON ROAD is located in HEALING, in the DN41 postcode district. The below map shows the position of No. 24 on NICHOLSON ROAD.