16, SNOWDROP CLOSE, HEALING, GRIMSBY, DN41 7JN - £166,000

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.

16 SNOWDROP CLOSE is a very small detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £179,429. It was last sold for £166,000 in January 2022, which was around 25% below the average January 2022 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was D.

16 SNOWDROP CLOSE Sold Prices

Land registry data shows seven sales for 16 SNOWDROP CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Most of the seven 16 SNOWDROP CLOSE sales were 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
2022 21 JAN	£166,000	£222,429	25% below HPI
2021 21 DEC	£167,500	£219,107	24% below HPI
2017 5 JUN	£165,000	£184,262	10% below HPI
2011 6 APR	£147,500	£163,925	10% below HPI
2005 5 AUG	£150,000	£145,112	3% above HPI
2003 10 OCT	£127,500	£117,679	8% above HPI
2000 30 JUN	£62,500	£67,591	8% below HPI

16 SNOWDROP CLOSE 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 seven 16 SNOWDROP CLOSE sales between June 2000 and January 2022 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 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 16 SNOWDROP CLOSE be worth now?

16 SNOWDROP CLOSE might now be worth an estimated £179,429.

This is based on house price inflation of 8.1%, between January 2022 and May 2026, 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 8.1% inflationary increase is applied to the most recent sale price for 16 SNOWDROP CLOSE of £166,000 on 21st January 2022. For the value to have increased from £166,000 to £179,429 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 16 SNOWDROP CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The January 2022 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SNOWDROP CLOSE has not materially changed since January 2022.

How Large is 16 SNOWDROP CLOSE?

16 SNOWDROP CLOSE is 86m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 10% 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 16 SNOWDROP CLOSE lies on this distribution: 8% of detached houses houses are smaller than 16 SNOWDROP CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Healing.

16 SNOWDROP CLOSE: Plot and Title Map

16 SNOWDROP CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 16 SNOWDROP CLOSE, 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 16 SNOWDROP CLOSE). 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 16 SNOWDROP CLOSE?

16 SNOWDROP CLOSE is located in HEALING, in the DN41 postcode district. The below map shows the position of No. 16 on SNOWDROP CLOSE.