3, OLD SCHOOL LANE, KEADBY, SCUNTHORPE, DN17 3BD - £110,000

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 OLD SCHOOL LANE is a very small detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £165,325. It was last sold for £110,000 in July 2006, which was around 33% below the average July 2006 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

3 OLD SCHOOL LANE Sold Prices

Land registry data shows three sales for 3 OLD SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. Two of the three 3 OLD SCHOOL LANE sales were for below the average price, whilst one was 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
2006 28 JUL	£110,000	£164,619	33% below HPI
2005 20 APR	£215,000	£155,599	38% above HPI
2004 27 MAY	£100,450	£142,088	29% below HPI

3 OLD SCHOOL LANE 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 three 3 OLD SCHOOL LANE sales between May 2004 and July 2006 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 April 2005 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2006 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 OLD SCHOOL LANE be worth now?

3 OLD SCHOOL LANE might now be worth an estimated £165,325.

This is based on house price inflation of 50.3%, between July 2006 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 50.3% inflationary increase is applied to the most recent sale price for 3 OLD SCHOOL LANE of £110,000 on 28th July 2006. For the value to have increased from £110,000 to £165,325 over the nineteen years and five months to February 2025, the following assumptions must hold true:

• The value of 3 OLD SCHOOL LANE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The July 2006 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD SCHOOL LANE has not materially changed since July 2006.

How Large is 3 OLD SCHOOL LANE?

3 OLD SCHOOL LANE is 78m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses houses in Keadby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Keadby, and where 3 OLD SCHOOL LANE lies on this distribution: 7% of detached houses houses are smaller than 3 OLD SCHOOL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Keadby.

3 OLD SCHOOL LANE: Plot and Title Map

3 OLD SCHOOL LANE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3 OLD SCHOOL LANE, 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 OLD SCHOOL LANE). 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 OLD SCHOOL LANE?

3 OLD SCHOOL LANE is located in KEADBY, in the DN17 postcode district. The below map shows the position of No. 3 on OLD SCHOOL LANE.