11, FARM CLOSE, GUNNESS, SCUNTHORPE, DN15 8SR - £76,500

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

11 FARM CLOSE is a very small semi-detached house of 73m², which could now be worth an estimated £165,198. It was last sold for £76,500 in October 2003, which was around 4% above the average October 2003 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

11 FARM CLOSE Sold Prices

Land registry data shows two sales for 11 FARM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Lincolnshire local authority area for the corresponding sale date. Both of the two 11 FARM 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
2003 31 OCT	£76,500	£73,603	4% above HPI
2002 8 MAR	£46,000	£45,558	1% above HPI

11 FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two 11 FARM CLOSE sales from March 2002 and October 2003 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 March 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2003 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 11 FARM CLOSE be worth now?

11 FARM CLOSE might now be worth an estimated £165,198.

This is based on house price inflation of 115.9%, between October 2003 and December 2024, for semi-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 115.9% inflationary increase is applied to the most recent sale price for 11 FARM CLOSE of £76,500 on 31st October 2003. For the value to have increased from £76,500 to £165,198 over the twenty years and ten months to December 2024, the following assumptions must hold true:

• The value of 11 FARM CLOSE has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The October 2003 sale price of £76,500 represented a fair market value for the property.
• The size, condition, and specification of 11 FARM CLOSE has not materially changed since October 2003.

How Large is 11 FARM CLOSE?

11 FARM CLOSE is 73m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of semi-detached houses houses in Gunness, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gunness, and where 11 FARM CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 11 FARM CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Gunness.

11 FARM CLOSE: Plot and Title Map

11 FARM CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 11 FARM 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 11 FARM 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 11 FARM CLOSE?

11 FARM CLOSE is located in GUNNESS, in the DN15 postcode district. The below map shows the position of No. 11 on FARM CLOSE.