18, SHETLAND WAY, IMMINGHAM, DN40 1RJ - £129,000

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.

18 SHETLAND WAY is a midsized detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £174,665. It was last sold for £129,000 in December 2017, which was around 31% below the average December 2017 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

18 SHETLAND WAY Sold Prices

Land registry data shows two sales for 18 SHETLAND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 18 SHETLAND WAY 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 19 DEC	£129,000	£186,552	31% below HPI
2001 14 DEC	£60,000	£81,461	26% below HPI

18 SHETLAND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 18 SHETLAND WAY sales from December 2001 and December 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 December 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 18 SHETLAND WAY be worth now?

18 SHETLAND WAY might now be worth an estimated £174,665.

This is based on house price inflation of 35.4%, between December 2017 and February 2025, for detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.4% inflationary increase is applied to the most recent sale price for 18 SHETLAND WAY of £129,000 on 19th December 2017. For the value to have increased from £129,000 to £174,665 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 SHETLAND WAY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The December 2017 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SHETLAND WAY has not materially changed since December 2017.

How Large is 18 SHETLAND WAY?

18 SHETLAND WAY is 87m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses houses in Immingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Immingham, and where 18 SHETLAND WAY lies on this distribution: 40% of detached houses houses are smaller than 18 SHETLAND WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Immingham.

18 SHETLAND WAY: Plot and Title Map

18 SHETLAND WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 18 SHETLAND WAY, 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 18 SHETLAND WAY). 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 18 SHETLAND WAY?

18 SHETLAND WAY is located in IMMINGHAM, in the DN40 postcode district. The below map shows the position of No. 18 on SHETLAND WAY.