Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
11 GRAVEL PIT ROAD is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £197,450 in February 2024, which was around 28% below the average February 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 11 GRAVEL PIT ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 11 GRAVEL PIT ROAD 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 2 FEB | £197,450 | £272,741 | 28% below HPI |
2023 22 NOV | £197,450 | £282,007 | 30% below HPI |
2010 8 FEB | £138,500 | £179,383 | 23% below HPI |
1999 26 NOV | £57,500 | £73,324 | 22% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 11 GRAVEL PIT ROAD sales between November 1999 and February 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 November 2023 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
11 GRAVEL PIT ROAD is 89m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses by size in Scotter, and where 11 GRAVEL PIT ROAD lies on this distribution: 23% of detached houses are smaller than 11 GRAVEL PIT ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Scotter.
11 GRAVEL PIT ROAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 11 GRAVEL PIT ROAD, 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 GRAVEL PIT ROAD). 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.
11 GRAVEL PIT ROAD is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 11 on GRAVEL PIT ROAD.