THE RETREAT, ROOKERY ROAD, HEALING, GRIMSBY, DN41 7PS - £326,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE RETREAT is a large detached house of 162m², built sometime between 1967 and 1975, which could now be worth an estimated £393,076. It was last sold for £326,000 in December 2020, which was around 56% above the average December 2020 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

THE RETREAT Sold Prices

Land registry data shows two sales for THE RETREAT 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 THE RETREAT 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
2020 18 DEC	£326,000	£209,487	56% above HPI
2019 4 FEB	£300,000	£188,140	59% above HPI

THE RETREAT 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 THE RETREAT sales from February 2019 and December 2020 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 February 2019 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the December 2020 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might THE RETREAT be worth now?

THE RETREAT might now be worth an estimated £393,076.

This is based on house price inflation of 20.6%, between December 2020 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 20.6% inflationary increase is applied to the most recent sale price for THE RETREAT of £326,000 on 18th December 2020. For the value to have increased from £326,000 to £393,076 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of THE RETREAT has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The December 2020 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of THE RETREAT has not materially changed since December 2020.

How Large is THE RETREAT?

THE RETREAT is 162m² according to the EPC inspection conducted in June 2018. This puts it in the largest 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 THE RETREAT lies on this distribution: 80% of detached houses houses are smaller than THE RETREAT, and 20% of houses are larger. Note that EPC data is not available for all properties in Healing.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.320 of an acre, or 1,293m². The below map shows the location of THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

THE RETREAT is located on ROOKERY ROAD in HEALING, in the DN41 postcode district. The below map shows the position of THE RETREAT on ROOKERY ROAD.