48, SORREL WAY, SCUNTHORPE, DN15 8PL - £145,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 SORREL WAY is a midsized extended detached house of 96m², built sometime between 1991 and 1995. It was last sold for £145,000 in October 2017, which was around 24% below the average October 2017 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

48 SORREL WAY Sold Prices

Land registry data shows four sales for 48 SORREL 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 Lincolnshire local authority area for the corresponding sale date. Most of the four 48 SORREL 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
2017 6 OCT	£145,000	£190,689	24% below HPI
2005 30 SEP	£120,000	£159,513	25% below HPI
2002 6 SEP	£73,950	£91,455	19% below HPI
1996 15 MAR	£63,995	£58,216	10% above HPI

48 SORREL 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 four 48 SORREL WAY sales between March 1996 and October 2017 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 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 48 SORREL WAY?

48 SORREL WAY is 96m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses in Scunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Scunthorpe, and where 48 SORREL WAY lies on this distribution: 41% of detached houses are smaller than 48 SORREL WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

48 SORREL WAY: Plot and Title Map

48 SORREL WAY sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 48 SORREL 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 48 SORREL 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 48 SORREL WAY?

48 SORREL WAY is located in SCUNTHORPE, in the DN15 postcode district. The below map shows the position of No. 48 on SORREL WAY.