16, GREYFRIARS CLOSE, SCUNTHORPE, DN17 1LE - £130,000

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

16 GREYFRIARS CLOSE is a very small semi-detached house of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £134,144. It was last sold for £130,000 in September 2023, which was around 16% below the average September 2023 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

16 GREYFRIARS CLOSE Sold Prices

Land registry data shows two sales for 16 GREYFRIARS 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 16 GREYFRIARS 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
2023 29 SEP	£130,000	£154,032	16% below HPI
2006 31 MAR	£96,995	£101,782	5% below HPI

16 GREYFRIARS 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 16 GREYFRIARS CLOSE sales from March 2006 and September 2023 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 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16 GREYFRIARS CLOSE be worth now?

16 GREYFRIARS CLOSE might now be worth an estimated £134,144.

This is based on house price inflation of 3.2%, between September 2023 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 3.2% inflationary increase is applied to the most recent sale price for 16 GREYFRIARS CLOSE of £130,000 on 29th September 2023. For the value to have increased from £130,000 to £134,144 over the nine months to December 2024, the following assumptions must hold true:

• The value of 16 GREYFRIARS CLOSE has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The September 2023 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GREYFRIARS CLOSE has not materially changed since September 2023.

How Large is 16 GREYFRIARS CLOSE?

16 GREYFRIARS CLOSE is 57m² according to the EPC inspection conducted in October 2018. 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 16 GREYFRIARS CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 16 GREYFRIARS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

16 GREYFRIARS CLOSE: Plot and Title Map

16 GREYFRIARS CLOSE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 16 GREYFRIARS 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 GREYFRIARS 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 GREYFRIARS CLOSE?

16 GREYFRIARS CLOSE is located in SCUNTHORPE, in the DN17 postcode district. The below map shows the position of No. 16 on GREYFRIARS CLOSE.