40, NELSON WAY, GRIMSBY, DN34 5TU - £125,000

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

40 NELSON WAY is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £125,000 in July 2021, which was around 43% below the average July 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

40 NELSON WAY Sold Prices

Land registry data shows three sales for 40 NELSON WAY 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 40 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 2 JUL	£125,000	£219,138	43% below HPI
2001 8 JUN	£51,500	£76,603	33% below HPI
1996 18 DEC	£44,500	£66,461	33% below HPI

40 NELSON WAY 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 40 NELSON WAY sales between December 1996 and July 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 June 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 40 NELSON WAY?

40 NELSON WAY is 75m², which includes one extension, according to the EPC inspection conducted in April 2016. 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 40 NELSON WAY lies on this distribution: 12% of detached houses are smaller than 40 NELSON WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

40 NELSON WAY: Plot and Title Map

40 NELSON WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 40 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 40 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.

Where is 40 NELSON WAY?

40 NELSON WAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 40 on NELSON WAY.