8, OAK ROAD, HEALING, GRIMSBY, DN41 7RH - £280,000

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.

8 OAK ROAD is a midsized extended detached house of 127m², built sometime between 1930 and 1949, which could now be worth an estimated £361,882. It was last sold for £280,000 in September 2018, which was around 43% above the average September 2018 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

8 OAK ROAD Sold Prices

Land registry data shows three sales for 8 OAK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 8 OAK 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
2018 18 SEP	£280,000	£195,437	43% above HPI
2004 27 AUG	£210,000	£140,923	49% above HPI
1999 28 MAY	£99,500	£69,584	43% above HPI

8 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 three 8 OAK ROAD sales between May 1999 and September 2018 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 August 2004 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2018 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 8 OAK ROAD be worth now?

8 OAK ROAD might now be worth an estimated £361,882.

This is based on house price inflation of 29.2%, between September 2018 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 29.2% inflationary increase is applied to the most recent sale price for 8 OAK ROAD of £280,000 on 18th September 2018. For the value to have increased from £280,000 to £361,882 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 OAK ROAD has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The September 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAK ROAD has not materially changed since September 2018.

How Large is 8 OAK ROAD?

8 OAK ROAD is 127m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 50% 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 8 OAK ROAD lies on this distribution: 55% of detached houses houses are smaller than 8 OAK ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Healing.

8 OAK ROAD: Plot and Title Map

8 OAK ROAD sits on a plot of roughly 0.351 of an acre, or 1,419m². The below map shows the location of 8 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 8 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 8 OAK ROAD?

8 OAK ROAD is located in HEALING, in the DN41 postcode district. The below map shows the position of No. 8 on OAK ROAD.