15, FARM CLOSE, GUNNESS, SCUNTHORPE, DN15 8SR - £103,000

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

15 FARM CLOSE is a very small semi-detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £163,619. It was last sold for £103,000 in May 2011, which was around 3% above the average May 2011 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

15 FARM CLOSE Sold Prices

Land registry data shows two sales for 15 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 15 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
2011 6 MAY	£103,000	£100,056	3% above HPI
2003 3 SEP	£74,500	£71,579	4% above HPI

15 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 15 FARM CLOSE sales from September 2003 and May 2011 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 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2011 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 15 FARM CLOSE be worth now?

15 FARM CLOSE might now be worth an estimated £163,619.

This is based on house price inflation of 58.9%, between May 2011 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 58.9% inflationary increase is applied to the most recent sale price for 15 FARM CLOSE of £103,000 on 6th May 2011. For the value to have increased from £103,000 to £163,619 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 15 FARM CLOSE has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The May 2011 sale price of £103,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FARM CLOSE has not materially changed since May 2011.

How Large is 15 FARM CLOSE?

15 FARM CLOSE is 68m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% 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 15 FARM CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 15 FARM CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Gunness.

15 FARM CLOSE: Plot and Title Map

15 FARM CLOSE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 15 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 15 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 15 FARM CLOSE?

15 FARM CLOSE is located in GUNNESS, in the DN15 postcode district. The below map shows the position of No. 15 on FARM CLOSE.