31, OLD SCHOOL LANE, KEADBY, SCUNTHORPE, DN17 3BD - £185,000

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

31 OLD SCHOOL LANE is a midsized extended detached house of 113m², built sometime between 2003 and 2006. It was last sold for £185,000 in February 2021, which was around 15% below the average February 2021 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

31 OLD SCHOOL LANE Sold Prices

Land registry data shows four sales for 31 OLD SCHOOL LANE 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. Most of the four 31 OLD SCHOOL LANE 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
2021 8 FEB	£185,000	£216,402	15% below HPI
2014 7 NOV	£159,000	£164,847	4% below HPI
2009 21 AUG	£135,000	£159,316	15% below HPI
2006 22 MAY	£185,000	£161,412	15% above HPI

31 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 four 31 OLD SCHOOL LANE sales between 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 November 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 31 OLD SCHOOL LANE?

31 OLD SCHOOL LANE is 113m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 50% of detached houses in Keadby, based on EPC data. The below chart shows the distribution of detached houses by size in Keadby, and where 31 OLD SCHOOL LANE lies on this distribution: 54% of detached houses are smaller than 31 OLD SCHOOL LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Keadby.

31 OLD SCHOOL LANE: Plot and Title Map

31 OLD SCHOOL LANE sits on a plot of roughly 1.2 acres, or 4,695m². The below map shows the location of 31 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 31 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 31 OLD SCHOOL LANE?

31 OLD SCHOOL LANE is located in KEADBY, in the DN17 postcode district. The below map shows the position of No. 31 on OLD SCHOOL LANE.