1, MASONS CLOSE, GUNNESS, SCUNTHORPE, DN15 8WA - £340,000

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 MASONS CLOSE is a very large detached house of 264m², built sometime from 2007 onwards, which could now be worth an estimated £509,552. It was last sold for £340,000 in June 2010, which was around 107% above the average June 2010 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was B.

1 MASONS CLOSE Sold Prices

Land registry data shows two sales for 1 MASONS 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 MASONS 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
2010 4 JUN	£340,000	£164,445	107% above HPI
2008 23 DEC	£250,000	£160,620	56% above HPI

1 MASONS 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 MASONS CLOSE sales from December 2008 and June 2010 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 2008 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2010 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might 1 MASONS CLOSE be worth now?

1 MASONS CLOSE might now be worth an estimated £509,552.

This is based on house price inflation of 49.9%, between June 2010 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 49.9% inflationary increase is applied to the most recent sale price for 1 MASONS CLOSE of £340,000 on 4th June 2010. For the value to have increased from £340,000 to £509,552 over the thirteen years and six months to December 2024, the following assumptions must hold true:

• The value of 1 MASONS CLOSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The June 2010 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MASONS CLOSE has not materially changed since June 2010.

How Large is 1 MASONS CLOSE?

1 MASONS CLOSE is 264m² according to the EPC inspection conducted in June 2009. This puts it in the largest 10% of detached houses houses in Gunness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunness, and where 1 MASONS CLOSE lies on this distribution: 96% of detached houses houses are smaller than 1 MASONS CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Gunness.

1 MASONS CLOSE: Plot and Title Map

1 MASONS CLOSE sits on a plot of roughly 0.236 of an acre, or 956m². The below map shows the location of 1 MASONS 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 MASONS 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 MASONS CLOSE?

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