3, WARES WAY, GUNNESS, SCUNTHORPE, DN15 8DU - £149,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 WARES WAY is a very small semi-detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £151,296. It was last sold for £149,950 in June 2024, which was around 5% below the average June 2024 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

3 WARES WAY Sold Prices

Land registry data shows two sales for 3 WARES WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Lincolnshire local authority area for the corresponding sale date. One of the two 3 WARES WAY sales was for below the average price, whilst the other 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
2024 27 JUN	£149,950	£157,528	5% below HPI
1997 28 FEB	£42,500	£34,455	23% above HPI

3 WARES WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two 3 WARES WAY sales from February 1997 and June 2024 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 February 1997 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 WARES WAY be worth now?

3 WARES WAY might now be worth an estimated £151,296.

This is based on house price inflation of 0.9%, between June 2024 and December 2024, for semi-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 0.9% inflationary increase is applied to the most recent sale price for 3 WARES WAY of £149,950 on 27th June 2024. For the value to have increased from £149,950 to £151,296 over the six months to December 2024, the following assumptions must hold true:

• The value of 3 WARES WAY has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The June 2024 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 3 WARES WAY has not materially changed since June 2024.

How Large is 3 WARES WAY?

3 WARES WAY is 69m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of semi-detached houses houses in Scunthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Scunthorpe, and where 3 WARES WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 3 WARES WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

3 WARES WAY: Plot and Title Map

3 WARES WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 3 WARES WAY, 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 WARES WAY). 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 WARES WAY?

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