10, RIBSTON CLOSE, SCUNTHORPE, DN16 3SX - £205,000

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

10 RIBSTON CLOSE is a small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £205,000 in October 2024, which was around 18% below the average October 2024 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

10 RIBSTON CLOSE Sold Prices

Land registry data shows two sales for 10 RIBSTON 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 10 RIBSTON 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
2024 30 OCT	£205,000	£248,834	18% below HPI
2022 26 JUL	£205,000	£241,367	15% below HPI

10 RIBSTON 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 10 RIBSTON CLOSE sales from July 2022 and October 2024 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 July 2022 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 10 RIBSTON CLOSE be worth now?

10 RIBSTON CLOSE might now be worth an estimated £203,037.

This is based on house price deflation of 1%, between October 2024 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 1% deflationary decrease is applied to the most recent sale price for 10 RIBSTON CLOSE of £205,000 on 30th October 2024. For the value to have decreased from £205,000 to £203,037 over the ten months to December 2024, the following assumptions must hold true:

• The value of 10 RIBSTON CLOSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The October 2024 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RIBSTON CLOSE has not materially changed since October 2024.

How Large is 10 RIBSTON CLOSE?

10 RIBSTON CLOSE is 81m² according to the EPC inspection conducted in February 2022. 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 10 RIBSTON CLOSE lies on this distribution: 22% of detached houses houses are smaller than 10 RIBSTON CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

10 RIBSTON CLOSE: Plot and Title Map

10 RIBSTON CLOSE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 10 RIBSTON 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 10 RIBSTON 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 10 RIBSTON CLOSE?

10 RIBSTON CLOSE is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 10 on RIBSTON CLOSE.