42, OAKWELL CLOSE, SCUNTHORPE, DN16 3FD - £132,500

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

42 OAKWELL CLOSE is a very small detached house of 67m², built sometime between 2003 and 2006. It was last sold for £132,500 in November 2022, which was around 46% below the average November 2022 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

42 OAKWELL CLOSE Sold Prices

Land registry data shows two sales for 42 OAKWELL 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. Both of the two 42 OAKWELL CLOSE 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
2022 1 NOV	£132,500	£247,306	46% below HPI
2005 7 DEC	£98,000	£159,632	39% below HPI

42 OAKWELL 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 42 OAKWELL CLOSE sales from December 2005 and November 2022 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 December 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 42 OAKWELL CLOSE be worth now?

42 OAKWELL CLOSE might now be worth an estimated £132,042.

This is based on house price deflation of 0.3%, between November 2022 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 0.3% deflationary decrease is applied to the most recent sale price for 42 OAKWELL CLOSE of £132,500 on 1st November 2022. For the value to have decreased from £132,500 to £132,042 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 42 OAKWELL CLOSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The November 2022 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 42 OAKWELL CLOSE has not materially changed since November 2022.

How Large is 42 OAKWELL CLOSE?

42 OAKWELL CLOSE is 67m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 42 OAKWELL CLOSE lies on this distribution: 6% of detached houses houses are smaller than 42 OAKWELL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

42 OAKWELL CLOSE: Plot and Title Map

42 OAKWELL CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 42 OAKWELL 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 42 OAKWELL 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 42 OAKWELL CLOSE?

42 OAKWELL CLOSE is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 42 on OAKWELL CLOSE.