1, THE OVAL, SCUNTHORPE, DN17 2RX - £158,000

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 THE OVAL is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £158,000 in September 2018, which was around 21% below the average September 2018 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

1 THE OVAL Sold Prices

Land registry data shows four sales for 1 THE OVAL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. All of the four 1 THE OVAL 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
2018 14 SEP	£158,000	£199,794	21% below HPI
2017 8 SEP	£146,500	£188,774	22% below HPI
2009 14 DEC	£135,000	£163,027	17% below HPI
1998 30 APR	£58,000	£62,436	7% below HPI

1 THE OVAL 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 four 1 THE OVAL sales between April 1998 and September 2018 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 September 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 THE OVAL be worth now?

1 THE OVAL might now be worth an estimated £194,897.

This is based on house price inflation of 23.4%, between September 2018 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 23.4% inflationary increase is applied to the most recent sale price for 1 THE OVAL of £158,000 on 14th September 2018. For the value to have increased from £158,000 to £194,897 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 THE OVAL has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The September 2018 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE OVAL has not materially changed since September 2018.

How Large is 1 THE OVAL?

1 THE OVAL is 74m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 THE OVAL lies on this distribution: 14% of detached houses houses are smaller than 1 THE OVAL, and 86% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

1 THE OVAL: Plot and Title Map

1 THE OVAL sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 1 THE OVAL, 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 THE OVAL). 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 THE OVAL?

1 THE OVAL is located in SCUNTHORPE, in the DN17 postcode district. The below map shows the position of No. 1 on THE OVAL.