40, LAUREL WAY, SCUNTHORPE, DN16 3GT - £120,000

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

40 LAUREL WAY is a small detached house of 81m², built sometime from 2007 onwards. It was last sold for £120,000 in May 2021, which was around 45% below the average May 2021 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

40 LAUREL WAY Sold Prices

Land registry data shows two sales for 40 LAUREL WAY 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. Both of the two 40 LAUREL 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
2021 10 MAY	£120,000	£217,002	45% below HPI
2007 9 MAR	£129,995	£168,765	23% below HPI

40 LAUREL WAY 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 40 LAUREL WAY sales from March 2007 and May 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 March 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 40 LAUREL WAY?

40 LAUREL WAY is 81m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Scunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Scunthorpe, and where 40 LAUREL WAY lies on this distribution: 22% of detached houses are smaller than 40 LAUREL WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

40 LAUREL WAY: Plot and Title Map

40 LAUREL WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 40 LAUREL 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 40 LAUREL 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 40 LAUREL WAY?

40 LAUREL WAY is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 40 on LAUREL WAY.