2, CEDAR CLOSE, SCOTTER, GAINSBOROUGH, DN21 3TQ - £425,000

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

2 CEDAR CLOSE is a large detached house of 157m², built sometime between 1983 and 1990. It was last sold for £425,000 in May 2022, which was around 56% above the average May 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

2 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 2 CEDAR 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. Both of the two 2 CEDAR 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
2022 31 MAY	£425,000	£272,750	56% above HPI
2015 22 JUL	£275,000	£192,441	43% above HPI

2 CEDAR 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 2 CEDAR CLOSE sales from July 2015 and May 2022 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 2015 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2022 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 2 CEDAR CLOSE?

2 CEDAR CLOSE is 157m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses by size in Scotter, and where 2 CEDAR CLOSE lies on this distribution: 77% of detached houses are smaller than 2 CEDAR CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Scotter.

2 CEDAR CLOSE: Plot and Title Map

2 CEDAR CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 2 CEDAR 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 2 CEDAR 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 2 CEDAR CLOSE?

2 CEDAR CLOSE is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 2 on CEDAR CLOSE.