2, WEEPING ELM WAY, SCUNTHORPE, DN16 3GQ - £135,000

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

2 WEEPING ELM WAY is a small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £135,000 in October 2006, which was around 20% below the average October 2006 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

2 WEEPING ELM WAY Sold Prices

Land registry data shows two sales for 2 WEEPING ELM 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 Lincolnshire local authority area for the corresponding sale date. One of the two 2 WEEPING ELM WAY sales was for below the average price, whilst the other was 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
2006 25 OCT	£135,000	£169,322	20% below HPI
1999 15 DEC	£69,995	£66,792	5% above HPI

2 WEEPING ELM WAY 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 WEEPING ELM WAY sales from December 1999 and October 2006 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 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2006 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 WEEPING ELM WAY be worth now?

2 WEEPING ELM WAY might now be worth an estimated £196,495.

This is based on house price inflation of 45.6%, between October 2006 and December 2024, 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 45.6% inflationary increase is applied to the most recent sale price for 2 WEEPING ELM WAY of £135,000 on 25th October 2006. For the value to have increased from £135,000 to £196,495 over the seventeen years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 WEEPING ELM WAY has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The October 2006 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WEEPING ELM WAY has not materially changed since October 2006.

How Large is 2 WEEPING ELM WAY?

2 WEEPING ELM WAY is 88m², which includes one extension, according to the EPC inspection conducted in November 2024. This puts it in the smallest 40% of detached houses houses in Scunthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scunthorpe, and where 2 WEEPING ELM WAY lies on this distribution: 31% of detached houses houses are smaller than 2 WEEPING ELM WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

2 WEEPING ELM WAY: Plot and Title Map

2 WEEPING ELM WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 2 WEEPING ELM 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 2 WEEPING ELM 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 2 WEEPING ELM WAY?

2 WEEPING ELM WAY is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 2 on WEEPING ELM WAY.