38, NICHOLSON ROAD, HEALING, GRIMSBY, DN41 7NW - £300,000

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

38 NICHOLSON ROAD is a small detached house of 113m², built sometime between 1976 and 1982. It was last sold for £300,000 in June 2023, which was around 25% above the average June 2023 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

38 NICHOLSON ROAD Sold Prices

Land registry data shows five sales for 38 NICHOLSON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Most of the five 38 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
2023 8 JUN	£300,000	£240,374	25% above HPI
2012 24 OCT	£220,000	£160,126	37% above HPI
2008 18 AUG	£250,000	£175,432	43% above HPI
2002 21 AUG	£120,000	£93,721	28% above HPI
1996 13 MAY	£55,500	£63,578	13% below HPI

38 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 five 38 NICHOLSON ROAD sales between May 1996 and June 2023 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 October 2012 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 38 NICHOLSON ROAD?

38 NICHOLSON ROAD is 113m² according to the EPC inspection conducted in March 2023. 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 38 NICHOLSON ROAD lies on this distribution: 36% of detached houses are smaller than 38 NICHOLSON ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Healing.

38 NICHOLSON ROAD: Plot and Title Map

38 NICHOLSON ROAD sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 38 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 38 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 38 NICHOLSON ROAD?

38 NICHOLSON ROAD is located in HEALING, in the DN41 postcode district. The below map shows the position of No. 38 on NICHOLSON ROAD.