5, OAK ROAD, HEALING, GRIMSBY, DN41 7RJ - £210,000

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.

5 OAK ROAD is a small detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £300,008. It was last sold for £210,000 in July 2016, which was around 19% above the average July 2016 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

5 OAK ROAD Sold Prices

Land registry data shows two sales for 5 OAK 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. One of the two 5 OAK ROAD sales was for above the average price, whilst the other was 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
2016 25 JUL	£210,000	£176,808	19% above HPI
2002 3 MAY	£75,000	£85,592	12% below HPI

5 OAK 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 5 OAK ROAD sales from May 2002 and July 2016 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 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 5 OAK ROAD be worth now?

5 OAK ROAD might now be worth an estimated £300,008.

This is based on house price inflation of 42.9%, between July 2016 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 42.9% inflationary increase is applied to the most recent sale price for 5 OAK ROAD of £210,000 on 25th July 2016. For the value to have increased from £210,000 to £300,008 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 5 OAK ROAD has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The July 2016 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK ROAD has not materially changed since July 2016.

How Large is 5 OAK ROAD?

5 OAK ROAD is 103m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% 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 5 OAK ROAD lies on this distribution: 25% of detached houses houses are smaller than 5 OAK ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Healing.

5 OAK ROAD: Plot and Title Map

5 OAK ROAD sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 5 OAK 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 5 OAK 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 5 OAK ROAD?

5 OAK ROAD is located in HEALING, in the DN41 postcode district. The below map shows the position of No. 5 on OAK ROAD.