24, OAKWELL CLOSE, SCUNTHORPE, DN16 3FD - £106,000

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

24 OAKWELL CLOSE is a very small detached house of 69m², built sometime between 2003 and 2006, which could now be worth an estimated £145,379. It was last sold for £106,000 in November 2016, which was around 41% below the average November 2016 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

24 OAKWELL CLOSE Sold Prices

Land registry data shows two sales for 24 OAKWELL 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 North Lincolnshire local authority area for the corresponding sale date. Both of the two 24 OAKWELL CLOSE 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
2016 18 NOV	£106,000	£179,695	41% below HPI
2005 17 JUN	£112,995	£161,015	30% below HPI

24 OAKWELL CLOSE 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 24 OAKWELL CLOSE sales from June 2005 and November 2016 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 June 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 24 OAKWELL CLOSE be worth now?

24 OAKWELL CLOSE might now be worth an estimated £145,379.

This is based on house price inflation of 37.1%, between November 2016 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 37.1% inflationary increase is applied to the most recent sale price for 24 OAKWELL CLOSE of £106,000 on 18th November 2016. For the value to have increased from £106,000 to £145,379 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 24 OAKWELL CLOSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The November 2016 sale price of £106,000 represented a fair market value for the property.
• The size, condition, and specification of 24 OAKWELL CLOSE has not materially changed since November 2016.

How Large is 24 OAKWELL CLOSE?

24 OAKWELL CLOSE is 69m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% 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 24 OAKWELL CLOSE lies on this distribution: 8% of detached houses houses are smaller than 24 OAKWELL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

24 OAKWELL CLOSE: Plot and Title Map

24 OAKWELL CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 24 OAKWELL 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 24 OAKWELL 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 24 OAKWELL CLOSE?

24 OAKWELL CLOSE is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 24 on OAKWELL CLOSE.