28, OAKWELL CLOSE, SCUNTHORPE, DN16 3FD - £150,000

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

28 OAKWELL CLOSE is a small extended detached house of 87m², built sometime between 2003 and 2006. It was last sold for £150,000 in April 2023, which was around 38% below the average April 2023 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

28 OAKWELL CLOSE Sold Prices

Land registry data shows two sales for 28 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 28 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
2023 11 APR	£150,000	£242,567	38% below HPI
2005 23 SEP	£128,000	£159,425	20% below HPI

28 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 28 OAKWELL CLOSE sales from September 2005 and April 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 September 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 28 OAKWELL CLOSE be worth now?

28 OAKWELL CLOSE might now be worth an estimated £152,402.

This is based on house price inflation of 1.6%, between April 2023 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 1.6% inflationary increase is applied to the most recent sale price for 28 OAKWELL CLOSE of £150,000 on 11th April 2023. For the value to have increased from £150,000 to £152,402 over the four months to December 2024, the following assumptions must hold true:

• The value of 28 OAKWELL CLOSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The April 2023 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 28 OAKWELL CLOSE has not materially changed since April 2023.

How Large is 28 OAKWELL CLOSE?

28 OAKWELL CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% 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 28 OAKWELL CLOSE lies on this distribution: 29% of detached houses houses are smaller than 28 OAKWELL CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

28 OAKWELL CLOSE: Plot and Title Map

28 OAKWELL CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 28 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 28 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 28 OAKWELL CLOSE?

28 OAKWELL CLOSE is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 28 on OAKWELL CLOSE.