42, NICHOLSON STREET, CLEETHORPES, DN35 8RW - £112,000

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

42 NICHOLSON STREET is a very small extended detached house of 64m², built sometime between 1900 and 1929. It was last sold for £112,000 in September 2022, which was around 55% below the average September 2022 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

42 NICHOLSON STREET Sold Prices

Land registry data shows two sales for 42 NICHOLSON STREET 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 42 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
2022 27 SEP	£112,000	£246,686	55% below HPI
2003 8 AUG	£62,000	£115,705	46% below HPI

42 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 two 42 NICHOLSON STREET sales from August 2003 and September 2022 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 August 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2022 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 42 NICHOLSON STREET?

42 NICHOLSON STREET is 64m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Cleethorpes, based on EPC data. The below chart shows the distribution of detached houses by size in Cleethorpes, and where 42 NICHOLSON STREET lies on this distribution: 3% of detached houses are smaller than 42 NICHOLSON STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

42 NICHOLSON STREET: Plot and Title Map

42 NICHOLSON STREET sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 42 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 42 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 42 NICHOLSON STREET?

42 NICHOLSON STREET is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 42 on NICHOLSON STREET.