8, NELSON WAY, GRIMSBY, DN34 5RD - £149,950

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.

8 NELSON WAY is a small semi-detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £163,260. It was last sold for £149,950 in May 2023, which was around 2% above the average May 2023 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

8 NELSON WAY Sold Prices

Land registry data shows two sales for 8 NELSON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. One of the two 8 NELSON WAY 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
2023 30 MAY	£149,950	£146,715	2% above HPI
2020 18 DEC	£115,000	£131,257	12% below HPI

8 NELSON WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 8 NELSON WAY sales from December 2020 and May 2023 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 December 2020 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 8 NELSON WAY be worth now?

8 NELSON WAY might now be worth an estimated £163,260.

This is based on house price inflation of 8.9%, between May 2023 and February 2025, for semi-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 8.9% inflationary increase is applied to the most recent sale price for 8 NELSON WAY of £149,950 on 30th May 2023. For the value to have increased from £149,950 to £163,260 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 8 NELSON WAY has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The May 2023 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 8 NELSON WAY has not materially changed since May 2023.

How Large is 8 NELSON WAY?

8 NELSON WAY is 86m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of semi-detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimsby, and where 8 NELSON WAY lies on this distribution: 22% of semi-detached houses houses are smaller than 8 NELSON WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

8 NELSON WAY: Plot and Title Map

8 NELSON WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 8 NELSON WAY, 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 8 NELSON WAY). 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 8 NELSON WAY?

8 NELSON WAY is located in GRIMSBY, in the DN34 postcode district. The below map shows the position of No. 8 on NELSON WAY.