7, HORNBEAM DRIVE, HEALING, GRIMSBY, DN41 7QY - £310,000

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 HORNBEAM DRIVE is a small detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £353,094. It was last sold for £310,000 in November 2021, which was around 40% above the average November 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

7 HORNBEAM DRIVE Sold Prices

Land registry data shows two sales for 7 HORNBEAM DRIVE 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 7 HORNBEAM DRIVE 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
2021 29 NOV	£310,000	£221,762	40% above HPI
2012 31 MAY	£259,995	£157,751	65% above HPI

7 HORNBEAM DRIVE 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 7 HORNBEAM DRIVE sales from May 2012 and November 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 May 2012 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the November 2021 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 7 HORNBEAM DRIVE be worth now?

7 HORNBEAM DRIVE might now be worth an estimated £353,094.

This is based on house price inflation of 13.9%, between November 2021 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 13.9% inflationary increase is applied to the most recent sale price for 7 HORNBEAM DRIVE of £310,000 on 29th November 2021. For the value to have increased from £310,000 to £353,094 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 HORNBEAM DRIVE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The November 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HORNBEAM DRIVE has not materially changed since November 2021.

How Large is 7 HORNBEAM DRIVE?

7 HORNBEAM DRIVE is 113m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% 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 HORNBEAM DRIVE lies on this distribution: 35% of detached houses houses are smaller than 7 HORNBEAM DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Healing.

7 HORNBEAM DRIVE: Plot and Title Map

7 HORNBEAM DRIVE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 7 HORNBEAM DRIVE, 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 HORNBEAM DRIVE). 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 HORNBEAM DRIVE?

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