1, CHAFFINCH CLOSE, SCUNTHORPE, DN15 8EL - £230,000

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

1 CHAFFINCH CLOSE is a very large detached house of 146m², built sometime between 1983 and 1990. It was last sold for £230,000 in July 2008, which was around 32% above the average July 2008 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

1 CHAFFINCH CLOSE Sold Prices

Land registry data shows two sales for 1 CHAFFINCH CLOSE 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 Lincolnshire local authority area for the corresponding sale date. Both of the two 1 CHAFFINCH CLOSE 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
2008 31 JUL	£230,000	£174,162	32% above HPI
1997 20 NOV	£99,950	£62,689	59% above HPI

1 CHAFFINCH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two 1 CHAFFINCH CLOSE sales from November 1997 and July 2008 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 November 1997 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the July 2008 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 1 CHAFFINCH CLOSE be worth now?

1 CHAFFINCH CLOSE might now be worth an estimated £325,466.

This is based on house price inflation of 41.5%, between July 2008 and December 2024, for detached houses, in the North Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.5% inflationary increase is applied to the most recent sale price for 1 CHAFFINCH CLOSE of £230,000 on 31st July 2008. For the value to have increased from £230,000 to £325,466 over the fifteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 CHAFFINCH CLOSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The July 2008 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHAFFINCH CLOSE has not materially changed since July 2008.

How Large is 1 CHAFFINCH CLOSE?

1 CHAFFINCH CLOSE is 146m² according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses houses in Scunthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scunthorpe, and where 1 CHAFFINCH CLOSE lies on this distribution: 86% of detached houses houses are smaller than 1 CHAFFINCH CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

1 CHAFFINCH CLOSE: Plot and Title Map

1 CHAFFINCH CLOSE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 1 CHAFFINCH 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 1 CHAFFINCH 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 1 CHAFFINCH CLOSE?

1 CHAFFINCH CLOSE is located in SCUNTHORPE, in the DN15 postcode district. The below map shows the position of No. 1 on CHAFFINCH CLOSE.