5, MARTIN CLOSE, SCUNTHORPE, DN16 3GE - £155,555

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 MARTIN CLOSE is a small detached house of 90m², built sometime between 2003 and 2006. It was last sold for £155,555 in August 2017, which was around 17% below the average August 2017 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

5 MARTIN CLOSE Sold Prices

Land registry data shows three sales for 5 MARTIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. One of the three 5 MARTIN CLOSE sales was for below the average price, whilst two were for above 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 3 AUG	£155,555	£187,888	17% below HPI
2005 10 NOV	£187,000	£158,743	18% above HPI
2001 25 MAY	£73,250	£72,083	2% above HPI

5 MARTIN 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 three 5 MARTIN CLOSE sales between May 2001 and August 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 November 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 5 MARTIN CLOSE be worth now?

5 MARTIN CLOSE might now be worth an estimated £204,040.

This is based on house price inflation of 31.2%, between August 2017 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 31.2% inflationary increase is applied to the most recent sale price for 5 MARTIN CLOSE of £155,555 on 3rd August 2017. For the value to have increased from £155,555 to £204,040 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 MARTIN CLOSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The August 2017 sale price of £155,555 represented a fair market value for the property.
• The size, condition, and specification of 5 MARTIN CLOSE has not materially changed since August 2017.

How Large is 5 MARTIN CLOSE?

5 MARTIN CLOSE is 90m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% 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 MARTIN CLOSE lies on this distribution: 35% of detached houses houses are smaller than 5 MARTIN CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

5 MARTIN CLOSE: Plot and Title Map

5 MARTIN CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 5 MARTIN 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 5 MARTIN 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 5 MARTIN CLOSE?

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