7, FORSYTHIA AVENUE, HEALING, GRIMSBY, DN41 7JE - £225,000

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.

7 FORSYTHIA AVENUE is a very small detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £292,963. It was last sold for £225,000 in July 2019, which was around 16% above the average July 2019 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

7 FORSYTHIA AVENUE Sold Prices

Land registry data shows four sales for 7 FORSYTHIA AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Most of the four 7 FORSYTHIA AVENUE 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
2019 18 JUL	£225,000	£193,993	16% above HPI
2009 6 NOV	£170,000	£171,043	1% below HPI
2004 12 MAR	£164,950	£123,704	33% above HPI
2003 28 FEB	£122,500	£99,133	24% above HPI

7 FORSYTHIA AVENUE 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 four 7 FORSYTHIA AVENUE sales between February 2003 and July 2019 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 November 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 7 FORSYTHIA AVENUE be worth now?

7 FORSYTHIA AVENUE might now be worth an estimated £292,963.

This is based on house price inflation of 30.2%, between July 2019 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 30.2% inflationary increase is applied to the most recent sale price for 7 FORSYTHIA AVENUE of £225,000 on 18th July 2019. For the value to have increased from £225,000 to £292,963 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 7 FORSYTHIA AVENUE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The July 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FORSYTHIA AVENUE has not materially changed since July 2019.

How Large is 7 FORSYTHIA AVENUE?

7 FORSYTHIA AVENUE is 91m² according to the EPC inspection conducted in March 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 7 FORSYTHIA AVENUE lies on this distribution: 14% of detached houses houses are smaller than 7 FORSYTHIA AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Healing.

7 FORSYTHIA AVENUE: Plot and Title Map

7 FORSYTHIA AVENUE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 7 FORSYTHIA AVENUE, 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 7 FORSYTHIA AVENUE). 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 7 FORSYTHIA AVENUE?

7 FORSYTHIA AVENUE is located in HEALING, in the DN41 postcode district. The below map shows the position of No. 7 on FORSYTHIA AVENUE.