240, EAST COMMON LANE, SCUNTHORPE, DN16 1HJ - £92,000

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

240 EAST COMMON LANE is a small semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £121,795. It was last sold for £92,000 in June 2018, which was around 23% below the average June 2018 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

240 EAST COMMON LANE Sold Prices

Land registry data shows two sales for 240 EAST COMMON LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Lincolnshire local authority area for the corresponding sale date. Both of the two 240 EAST COMMON LANE 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
2018 22 JUN	£92,000	£120,060	23% below HPI
2005 14 APR	£92,000	£98,941	7% below HPI

240 EAST COMMON LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two 240 EAST COMMON LANE sales from April 2005 and June 2018 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 April 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 240 EAST COMMON LANE be worth now?

240 EAST COMMON LANE might now be worth an estimated £121,795.

This is based on house price inflation of 32.4%, between June 2018 and December 2024, for semi-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 32.4% inflationary increase is applied to the most recent sale price for 240 EAST COMMON LANE of £92,000 on 22nd June 2018. For the value to have increased from £92,000 to £121,795 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 240 EAST COMMON LANE has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The June 2018 sale price of £92,000 represented a fair market value for the property.
• The size, condition, and specification of 240 EAST COMMON LANE has not materially changed since June 2018.

How Large is 240 EAST COMMON LANE?

240 EAST COMMON LANE is 86m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of semi-detached houses houses in Scunthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Scunthorpe, and where 240 EAST COMMON LANE lies on this distribution: 28% of semi-detached houses houses are smaller than 240 EAST COMMON LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

240 EAST COMMON LANE: Plot and Title Map

240 EAST COMMON LANE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 240 EAST COMMON 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 240 EAST COMMON 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 240 EAST COMMON LANE?

240 EAST COMMON LANE is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 240 on EAST COMMON LANE.