5, NELSON WAY, GRIMSBY, DN34 5RA - £58,500

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 NELSON WAY is a detached house, which could now be worth an estimated £204,254. It was last sold for £58,500 in August 1997, which was around 15% below the average August 1997 detached price in the North East Lincolnshire local authority area.

5 NELSON WAY Sold Prices

Land registry data shows two sales for 5 NELSON WAY 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 5 NELSON WAY 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
1997 27 AUG	£58,500	£68,859	15% below HPI
1995 20 JUN	£51,000	£62,012	18% below HPI

What might 5 NELSON WAY be worth now?

5 NELSON WAY might now be worth an estimated £204,254.

This is based on house price inflation of 249.2%, between August 1997 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 249.2% inflationary increase is applied to the most recent sale price for 5 NELSON WAY of £58,500 on 27th August 1997. For the value to have increased from £58,500 to £204,254 over the 29 years and three months to May 2026, the following assumptions must hold true:

• The value of 5 NELSON WAY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The August 1997 sale price of £58,500 represented a fair market value for the property.
• The size, condition, and specification of 5 NELSON WAY has not materially changed since August 1997.

Where is 5 NELSON WAY?

5 NELSON WAY is located in GRIMSBY, in the DN34 postcode district.