3, FARM CLOSE, GUNNESS, SCUNTHORPE, DN15 8SR - £190,000

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 FARM CLOSE is a small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £190,000 in January 2022, which was around 17% below the average January 2022 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

3 FARM CLOSE Sold Prices

Land registry data shows two sales for 3 FARM 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 3 FARM 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
2022 24 JAN	£190,000	£227,556	17% below HPI
1999 9 NOV	£65,000	£65,686	1% below HPI

3 FARM 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 3 FARM CLOSE sales from November 1999 and January 2022 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 November 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 FARM CLOSE?

3 FARM CLOSE is 89m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Gunness, based on EPC data. The below chart shows the distribution of detached houses by size in Gunness, and where 3 FARM CLOSE lies on this distribution: 29% of detached houses are smaller than 3 FARM CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gunness.

3 FARM CLOSE: Plot and Title Map

3 FARM CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 3 FARM 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 FARM 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 FARM CLOSE?

3 FARM CLOSE is located in GUNNESS, in the DN15 postcode district. The below map shows the position of No. 3 on FARM CLOSE.