5, CHERRY MOUNT, SCUNTHORPE, DN16 3QU - £125,000

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

5 CHERRY MOUNT is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £125,000 in October 2020, which was around 40% below the average October 2020 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

5 CHERRY MOUNT Sold Prices

Land registry data shows two sales for 5 CHERRY MOUNT 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 5 CHERRY MOUNT 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 21 OCT	£125,000	£207,135	40% below HPI
2015 24 AUG	£127,000	£171,174	26% below HPI

5 CHERRY MOUNT 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 5 CHERRY MOUNT sales from August 2015 and October 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 August 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 5 CHERRY MOUNT be worth now?

5 CHERRY MOUNT might now be worth an estimated £148,726.

This is based on house price inflation of 19%, between October 2020 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 19% inflationary increase is applied to the most recent sale price for 5 CHERRY MOUNT of £125,000 on 21st October 2020. For the value to have increased from £125,000 to £148,726 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 CHERRY MOUNT has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The October 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHERRY MOUNT has not materially changed since October 2020.

How Large is 5 CHERRY MOUNT?

5 CHERRY MOUNT is 73m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% 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 5 CHERRY MOUNT lies on this distribution: 12% of detached houses houses are smaller than 5 CHERRY MOUNT, and 87% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

5 CHERRY MOUNT: Plot and Title Map

5 CHERRY MOUNT sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 5 CHERRY MOUNT, 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 5 CHERRY MOUNT). 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 5 CHERRY MOUNT?

5 CHERRY MOUNT is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 5 on CHERRY MOUNT.