2, STONE LANE, BURRINGHAM, SCUNTHORPE, DN17 3NB - £235,000

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.

2 STONE LANE is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £296,785. It was last sold for £235,000 in December 2019, which was around 20% above the average December 2019 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

2 STONE LANE Sold Prices

Land registry data shows two sales for 2 STONE LANE 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 Lincolnshire local authority area for the corresponding sale date. Both of the two 2 STONE LANE 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
2019 16 DEC	£235,000	£195,908	20% above HPI
2012 6 AUG	£205,000	£157,408	30% above HPI

2 STONE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two 2 STONE LANE sales from August 2012 and December 2019 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 August 2012 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2019 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 STONE LANE be worth now?

2 STONE LANE might now be worth an estimated £296,785.

This is based on house price inflation of 26.3%, between December 2019 and February 2025, for 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 26.3% inflationary increase is applied to the most recent sale price for 2 STONE LANE of £235,000 on 16th December 2019. For the value to have increased from £235,000 to £296,785 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 STONE LANE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The December 2019 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STONE LANE has not materially changed since December 2019.

How Large is 2 STONE LANE?

2 STONE LANE is 117m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses houses in Burringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burringham, and where 2 STONE LANE lies on this distribution: 49% of detached houses houses are smaller than 2 STONE LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Burringham.

2 STONE LANE: Plot and Title Map

2 STONE LANE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 STONE LANE, 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 STONE LANE). 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 STONE LANE?

2 STONE LANE is located in BURRINGHAM, in the DN17 postcode district. The below map shows the position of No. 2 on STONE LANE.