3, WESTFIELD, SCOTTON, GAINSBOROUGH, DN21 3LX - £338,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 WESTFIELD is a midsized extended detached house of 159m², built sometime between 2003 and 2006. It was last sold for £338,000 in February 2021, which was around 37% above the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

3 WESTFIELD Sold Prices

Land registry data shows two sales for 3 WESTFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 3 WESTFIELD 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
2021 18 FEB	£338,000	£247,515	37% above HPI
2006 5 MAY	£265,000	£175,413	51% above HPI

3 WESTFIELD 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 two 3 WESTFIELD sales from May 2006 and February 2021 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 May 2006 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the February 2021 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 3 WESTFIELD?

3 WESTFIELD is 159m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses in Scotton, based on EPC data. The below chart shows the distribution of detached houses by size in Scotton, and where 3 WESTFIELD lies on this distribution: 56% of detached houses are smaller than 3 WESTFIELD, and 44% of houses are larger. Note that EPC data is not available for all properties in Scotton.

3 WESTFIELD: Plot and Title Map

3 WESTFIELD sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 3 WESTFIELD, 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 WESTFIELD). 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 WESTFIELD?

3 WESTFIELD is located in SCOTTON, in the DN21 postcode district. The below map shows the position of No. 3 on WESTFIELD.