47, NICHOLSON ROAD, HEALING, GRIMSBY, DN41 7NP - £199,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 NICHOLSON ROAD is a very small detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £304,659. It was last sold for £199,000 in July 2014, which was around 21% above the average July 2014 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

47 NICHOLSON ROAD Sold Prices

Land registry data shows two sales for 47 NICHOLSON ROAD 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 47 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
2014 28 JUL	£199,000	£164,989	21% above HPI
2004 17 MAY	£158,000	£130,360	21% above HPI

47 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 two 47 NICHOLSON ROAD sales from May 2004 and July 2014 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 May 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2014 sale, which was also at 21% above the HPI.

What might 47 NICHOLSON ROAD be worth now?

47 NICHOLSON ROAD might now be worth an estimated £304,659.

This is based on house price inflation of 53.1%, between July 2014 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 53.1% inflationary increase is applied to the most recent sale price for 47 NICHOLSON ROAD of £199,000 on 28th July 2014. For the value to have increased from £199,000 to £304,659 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 47 NICHOLSON ROAD has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The July 2014 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 47 NICHOLSON ROAD has not materially changed since July 2014.

How Large is 47 NICHOLSON ROAD?

47 NICHOLSON ROAD is 95m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% 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 47 NICHOLSON ROAD lies on this distribution: 19% of detached houses houses are smaller than 47 NICHOLSON ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Healing.

47 NICHOLSON ROAD: Plot and Title Map

47 NICHOLSON ROAD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 47 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 47 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 47 NICHOLSON ROAD?

47 NICHOLSON ROAD is located in HEALING, in the DN41 postcode district. The below map shows the position of No. 47 on NICHOLSON ROAD.