3, CHESTNUT CLOSE, SCOTTER, GAINSBOROUGH, DN21 3UW - £240,000

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 CHESTNUT CLOSE is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £240,000 in September 2017, which was around 11% above the average September 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

3 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 3 CHESTNUT 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. Two of the three 3 CHESTNUT CLOSE sales were for above the average price, whilst one was 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
2017 6 SEP	£240,000	£216,820	11% above HPI
2014 7 MAR	£212,000	£185,238	14% above HPI
2004 12 NOV	£167,500	£171,956	3% below HPI

3 CHESTNUT 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 CHESTNUT CLOSE sales between November 2004 and September 2017 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 March 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2017 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 3 CHESTNUT CLOSE?

3 CHESTNUT CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% 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 CHESTNUT CLOSE lies on this distribution: 50% of detached houses are smaller than 3 CHESTNUT CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Scotter.

3 CHESTNUT CLOSE: Plot and Title Map

3 CHESTNUT CLOSE sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of 3 CHESTNUT 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 CHESTNUT 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 CHESTNUT CLOSE?

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