4, SHETLAND WAY, IMMINGHAM, DN40 1RJ - £175,000

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 SHETLAND WAY is a large extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £211,007. It was last sold for £175,000 in December 2020, which was around 16% below the average December 2020 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

4 SHETLAND WAY Sold Prices

Land registry data shows four sales for 4 SHETLAND WAY 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 East Lincolnshire local authority area for the corresponding sale date. All of the four 4 SHETLAND WAY 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
2020 8 DEC	£175,000	£209,487	16% below HPI
2015 18 SEP	£138,750	£173,334	20% below HPI
2012 29 NOV	£135,000	£155,088	13% below HPI
2002 27 SEP	£89,000	£94,019	5% below HPI

4 SHETLAND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The four 4 SHETLAND WAY sales between September 2002 and December 2020 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 September 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 SHETLAND WAY be worth now?

4 SHETLAND WAY might now be worth an estimated £211,007.

This is based on house price inflation of 20.6%, between December 2020 and February 2025, for detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 4 SHETLAND WAY of £175,000 on 8th December 2020. For the value to have increased from £175,000 to £211,007 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 SHETLAND WAY has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The December 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHETLAND WAY has not materially changed since December 2020.

How Large is 4 SHETLAND WAY?

4 SHETLAND WAY is 122m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses houses in Immingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Immingham, and where 4 SHETLAND WAY lies on this distribution: 77% of detached houses houses are smaller than 4 SHETLAND WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Immingham.

4 SHETLAND WAY: Plot and Title Map

4 SHETLAND WAY sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 4 SHETLAND 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 4 SHETLAND 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 4 SHETLAND WAY?

4 SHETLAND WAY is located in IMMINGHAM, in the DN40 postcode district. The below map shows the position of No. 4 on SHETLAND WAY.