3, CEDAR CLOSE, SCOTTER, GAINSBOROUGH, DN21 3TQ - £327,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CEDAR CLOSE is a very large extended detached house of 173m², built sometime between 1983 and 1990. It was last sold for £327,500 in March 2020, which was around 45% above the average March 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

3 CEDAR CLOSE Sold Prices

Land registry data shows three sales for 3 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 3 CEDAR CLOSE sales were 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
2020 2 MAR	£327,500	£225,880	45% above HPI
2007 17 DEC	£285,000	£201,838	41% above HPI
2002 5 JUL	£149,995	£103,382	45% above HPI

3 CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 3 CEDAR CLOSE sales between July 2002 and March 2020 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 2007 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2020 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 3 CEDAR CLOSE?

3 CEDAR CLOSE is 173m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses by size in Scotter, and where 3 CEDAR CLOSE lies on this distribution: 83% of detached houses are smaller than 3 CEDAR CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Scotter.

3 CEDAR CLOSE: Plot and Title Map

3 CEDAR CLOSE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 3 CEDAR 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 3 CEDAR 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 3 CEDAR CLOSE?

3 CEDAR CLOSE is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 3 on CEDAR CLOSE.