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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 SHETLAND WAY is a midsized detached house of 87m², built sometime between 1976 and 1982. It was last sold for £129,000 in December 2017, which was around 32% 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	£190,122	32% below HPI
2001 14 DEC	£60,000	£83,020	28% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

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 in Immingham, based on EPC data. The below chart shows the distribution of detached houses by size in Immingham, and where 18 SHETLAND WAY lies on this distribution: 40% of detached 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.