5, NICHOLAS WAY, CORRINGHAM, GAINSBOROUGH, DN21 5QE - £248,000

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.

5 NICHOLAS WAY is a detached house, which could now be worth an estimated £406,961. It was last sold for £248,000 in December 2004, which was around 43% above the average December 2004 detached price in the West Lindsey local authority area.

5 NICHOLAS WAY Sold Prices

Land registry data shows one sale for 5 NICHOLAS WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 17 DEC	£248,000	£173,959	43% above HPI

What might 5 NICHOLAS WAY be worth now?

5 NICHOLAS WAY might now be worth an estimated £406,961.

This is based on house price inflation of 64.1%, between December 2004 and May 2026, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.1% inflationary increase is applied to the most recent sale price for 5 NICHOLAS WAY of £248,000 on 17th December 2004. For the value to have increased from £248,000 to £406,961 over the 22 years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 NICHOLAS WAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2004 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NICHOLAS WAY has not materially changed since December 2004.

Where is 5 NICHOLAS WAY?

5 NICHOLAS WAY is located in CORRINGHAM, in the DN21 postcode district.