4, ALBA CLOSE, SCUNTHORPE, DN17 2XD - £385,000

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

4 ALBA CLOSE is a very large detached house of 242m², built sometime between 1976 and 1982. It was last sold for £385,000 in March 2021, which was around 78% above the average March 2021 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.

4 ALBA CLOSE Sold Prices

Land registry data shows four sales for 4 ALBA CLOSE 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 4 ALBA CLOSE 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 24 MAR	£385,000	£216,891	78% above HPI
2016 12 OCT	£290,000	£180,272	61% above HPI
2004 14 DEC	£275,000	£155,038	77% above HPI
1995 27 JAN	£135,000	£60,799	122% above HPI

4 ALBA CLOSE 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 4 ALBA CLOSE sales between January 1995 and March 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 October 2016 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the March 2021 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 4 ALBA CLOSE be worth now?

4 ALBA CLOSE might now be worth an estimated £437,472.

This is based on house price inflation of 13.6%, between March 2021 and December 2024, 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 13.6% inflationary increase is applied to the most recent sale price for 4 ALBA CLOSE of £385,000 on 24th March 2021. For the value to have increased from £385,000 to £437,472 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 4 ALBA CLOSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The March 2021 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ALBA CLOSE has not materially changed since March 2021.

How Large is 4 ALBA CLOSE?

4 ALBA CLOSE is 242m² according to the EPC inspection conducted in September 2013. This puts it in the largest 10% 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 4 ALBA CLOSE lies on this distribution: 99% of detached houses houses are smaller than 4 ALBA CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

4 ALBA CLOSE: Plot and Title Map

4 ALBA CLOSE sits on a plot of roughly 0.294 of an acre, or 1,189m². The below map shows the location of 4 ALBA CLOSE, 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 4 ALBA CLOSE). 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 4 ALBA CLOSE?

4 ALBA CLOSE is located in SCUNTHORPE, in the DN17 postcode district. The below map shows the position of No. 4 on ALBA CLOSE.