248, QUEENSWAY, SCUNTHORPE, DN16 2JJ - £86,500

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

248 QUEENSWAY is a very small extended semi-detached house of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £88,102. It was last sold for £86,500 in January 2023, which was around 45% below the average January 2023 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

248 QUEENSWAY Sold Prices

Land registry data shows two sales for 248 QUEENSWAY 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 248 QUEENSWAY 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
2023 4 JAN	£86,500	£156,051	45% below HPI
1998 30 OCT	£20,000	£36,649	45% below HPI

248 QUEENSWAY 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 248 QUEENSWAY sales from October 1998 and January 2023 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 October 1998 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2023 sale, which was also at 45% below the HPI.

What might 248 QUEENSWAY be worth now?

248 QUEENSWAY might now be worth an estimated £88,102.

This is based on house price inflation of 1.9%, between January 2023 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 1.9% inflationary increase is applied to the most recent sale price for 248 QUEENSWAY of £86,500 on 4th January 2023. For the value to have increased from £86,500 to £88,102 over the one month to December 2024, the following assumptions must hold true:

• The value of 248 QUEENSWAY has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The January 2023 sale price of £86,500 represented a fair market value for the property.
• The size, condition, and specification of 248 QUEENSWAY has not materially changed since January 2023.

How Large is 248 QUEENSWAY?

248 QUEENSWAY is 67m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% 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 248 QUEENSWAY lies on this distribution: 6% of semi-detached houses houses are smaller than 248 QUEENSWAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

248 QUEENSWAY: Plot and Title Map

248 QUEENSWAY sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 248 QUEENSWAY, 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 248 QUEENSWAY). 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 248 QUEENSWAY?

248 QUEENSWAY is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 248 on QUEENSWAY.