48, THE FAIRWAYS, SCUNTHORPE, DN15 7EF - £105,000

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 THE FAIRWAYS is a very small extended semi-detached house of 53m², built sometime between 1996 and 2002. It was last sold for £105,000 in September 2021, which was around 54% below the average September 2021 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

48 THE FAIRWAYS Sold Prices

Land registry data shows five sales for 48 THE FAIRWAYS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. All of the five 48 THE FAIRWAYS 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 24 SEP	£105,000	£227,518	54% below HPI
2017 15 DEC	£82,000	£190,399	57% below HPI
2006 12 MAY	£85,500	£161,412	47% below HPI
2002 16 DEC	£52,950	£97,453	46% below HPI
1996 2 OCT	£36,500	£61,527	41% below HPI

48 THE FAIRWAYS 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 five 48 THE FAIRWAYS sales between October 1996 and September 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 December 2017 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the September 2021 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 48 THE FAIRWAYS?

48 THE FAIRWAYS is 53m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% 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 THE FAIRWAYS lies on this distribution: 1% of detached houses are smaller than 48 THE FAIRWAYS, and 99% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

48 THE FAIRWAYS: Plot and Title Map

48 THE FAIRWAYS sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 48 THE FAIRWAYS, 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 THE FAIRWAYS). 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 THE FAIRWAYS?

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