12, OAKWELL CLOSE, SCUNTHORPE, DN16 3FD - £92,500

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

12 OAKWELL CLOSE is a very small semi-detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £127,372. It was last sold for £92,500 in June 2017, which was around 20% below the average June 2017 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

12 OAKWELL CLOSE Sold Prices

Land registry data shows three sales for 12 OAKWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Lincolnshire local authority area for the corresponding sale date. All of the three 12 OAKWELL 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
2017 30 JUN	£92,500	£115,427	20% below HPI
2007 15 JUN	£103,000	£111,061	7% below HPI
2005 21 MAR	£95,995	£97,321	1% below HPI

12 OAKWELL 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 three 12 OAKWELL CLOSE sales between March 2005 and June 2017 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 June 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 OAKWELL CLOSE be worth now?

12 OAKWELL CLOSE might now be worth an estimated £127,372.

This is based on house price inflation of 37.7%, between June 2017 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 37.7% inflationary increase is applied to the most recent sale price for 12 OAKWELL CLOSE of £92,500 on 30th June 2017. For the value to have increased from £92,500 to £127,372 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 12 OAKWELL CLOSE has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The June 2017 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 12 OAKWELL CLOSE has not materially changed since June 2017.

How Large is 12 OAKWELL CLOSE?

12 OAKWELL CLOSE is 57m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of semi-detached houses houses in Scunthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Scunthorpe, and where 12 OAKWELL CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 12 OAKWELL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

12 OAKWELL CLOSE: Plot and Title Map

12 OAKWELL CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 12 OAKWELL 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 12 OAKWELL 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 12 OAKWELL CLOSE?

12 OAKWELL CLOSE is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 12 on OAKWELL CLOSE.