1, GREENWICH CLOSE, SCUNTHORPE, DN15 8GZ - £122,000

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 GREENWICH CLOSE is a small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £122,000 in April 2015, which was around 25% below the average April 2015 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

1 GREENWICH CLOSE Sold Prices

Land registry data shows two sales for 1 GREENWICH 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 GREENWICH 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
2015 27 APR	£122,000	£163,577	25% below HPI
2007 26 JUN	£133,500	£172,601	23% below HPI

1 GREENWICH 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 GREENWICH CLOSE sales from June 2007 and April 2015 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 June 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 GREENWICH CLOSE be worth now?

1 GREENWICH CLOSE might now be worth an estimated £183,810.

This is based on house price inflation of 50.7%, between April 2015 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 50.7% inflationary increase is applied to the most recent sale price for 1 GREENWICH CLOSE of £122,000 on 27th April 2015. For the value to have increased from £122,000 to £183,810 over the eight years and four months to December 2024, the following assumptions must hold true:

• The value of 1 GREENWICH CLOSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The April 2015 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREENWICH CLOSE has not materially changed since April 2015.

How Large is 1 GREENWICH CLOSE?

1 GREENWICH CLOSE is 85m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% 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 GREENWICH CLOSE lies on this distribution: 27% of detached houses houses are smaller than 1 GREENWICH CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

1 GREENWICH CLOSE: Plot and Title Map

1 GREENWICH CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 1 GREENWICH 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 GREENWICH 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 GREENWICH CLOSE?

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