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

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

4 SHETLAND WAY is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £175,000 in December 2020, which was around 18% 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	£213,496	18% below HPI
2015 18 SEP	£138,750	£176,652	21% below HPI
2012 29 NOV	£135,000	£158,056	15% below HPI
2002 27 SEP	£89,000	£95,819	7% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Immingham, based on EPC data. The below chart shows the distribution of detached houses by size in Immingham, and where 4 SHETLAND WAY lies on this distribution: 77% of detached 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.