3, LOBELIA DRIVE, BOTTESFORD, SCUNTHORPE, DN17 2GE - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 LOBELIA DRIVE is a large extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £280,743. It was last sold for £195,000 in February 2016, which was around 13% above the average February 2016 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

3 LOBELIA DRIVE Sold Prices

Land registry data shows four sales for 3 LOBELIA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. All of the four 3 LOBELIA DRIVE 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
2016 22 FEB	£195,000	£171,851	13% above HPI
2007 12 JAN	£194,950	£168,134	16% above HPI
2006 15 DEC	£185,000	£165,334	12% above HPI
2001 30 MAR	£102,995	£68,639	50% above HPI

3 LOBELIA DRIVE 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 four 3 LOBELIA DRIVE sales between March 2001 and February 2016 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 January 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 3 LOBELIA DRIVE be worth now?

3 LOBELIA DRIVE might now be worth an estimated £280,743.

This is based on house price inflation of 44%, between February 2016 and February 2025, 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 44% inflationary increase is applied to the most recent sale price for 3 LOBELIA DRIVE of £195,000 on 22nd February 2016. For the value to have increased from £195,000 to £280,743 over the nine years to February 2025, the following assumptions must hold true:

• The value of 3 LOBELIA DRIVE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The February 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOBELIA DRIVE has not materially changed since February 2016.

How Large is 3 LOBELIA DRIVE?

3 LOBELIA DRIVE is 120m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 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 3 LOBELIA DRIVE lies on this distribution: 69% of detached houses houses are smaller than 3 LOBELIA DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

3 LOBELIA DRIVE: Plot and Title Map

3 LOBELIA DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 3 LOBELIA DRIVE, 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 LOBELIA DRIVE). 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 LOBELIA DRIVE?

3 LOBELIA DRIVE is located in BOTTESFORD, in the DN17 postcode district. The below map shows the position of No. 3 on LOBELIA DRIVE.