4, GORSE CLOSE, SCUNTHORPE, DN16 3UL - £187,500

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 GORSE CLOSE is a small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £187,500 in September 2024, which was around 23% below the average September 2024 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

4 GORSE CLOSE Sold Prices

Land registry data shows two sales for 4 GORSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. One of the two 4 GORSE CLOSE sales was for below the average price, whilst the other was roughly equal to 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 26 SEP	£187,500	£244,035	23% below HPI
2001 8 JUN	£72,500	£72,843	Close to HPI

4 GORSE 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 two 4 GORSE CLOSE sales from June 2001 and September 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 June 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 4 GORSE CLOSE be worth now?

4 GORSE CLOSE might now be worth an estimated £189,356.

This is based on house price inflation of 1%, between September 2024 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 1% inflationary increase is applied to the most recent sale price for 4 GORSE CLOSE of £187,500 on 26th September 2024. For the value to have increased from £187,500 to £189,356 over the nine months to December 2024, the following assumptions must hold true:

• The value of 4 GORSE CLOSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The September 2024 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 4 GORSE CLOSE has not materially changed since September 2024.

How Large is 4 GORSE CLOSE?

4 GORSE CLOSE is 79m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 GORSE CLOSE lies on this distribution: 20% of detached houses houses are smaller than 4 GORSE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

4 GORSE CLOSE: Plot and Title Map

4 GORSE CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 4 GORSE 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 GORSE 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 GORSE CLOSE?

4 GORSE CLOSE is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 4 on GORSE CLOSE.