16, EDGAR CLOSE, SCOTTER, GAINSBOROUGH, DN21 3HD - £227,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 EDGAR CLOSE is a midsized detached house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £280,610. It was last sold for £227,500 in September 2020, which was around 4% below the average September 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

16 EDGAR CLOSE Sold Prices

Land registry data shows two sales for 16 EDGAR 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 West Lindsey local authority area for the corresponding sale date. One of the two 16 EDGAR CLOSE sales was for below the average price, whilst the other was 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
2020 23 SEP	£227,500	£236,016	4% below HPI
2007 20 JUL	£199,950	£193,500	3% above HPI

16 EDGAR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 16 EDGAR CLOSE sales from July 2007 and September 2020 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 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 16 EDGAR CLOSE be worth now?

16 EDGAR CLOSE might now be worth an estimated £280,610.

This is based on house price inflation of 23.3%, between September 2020 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for 16 EDGAR CLOSE of £227,500 on 23rd September 2020. For the value to have increased from £227,500 to £280,610 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 EDGAR CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2020 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 16 EDGAR CLOSE has not materially changed since September 2020.

How Large is 16 EDGAR CLOSE?

16 EDGAR CLOSE is 116m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scotter, and where 16 EDGAR CLOSE lies on this distribution: 51% of detached houses houses are smaller than 16 EDGAR CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Scotter.

16 EDGAR CLOSE: Plot and Title Map

16 EDGAR CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 16 EDGAR 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 16 EDGAR 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 16 EDGAR CLOSE?

16 EDGAR CLOSE is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 16 on EDGAR CLOSE.