5, OLD SCHOOL LANE, KEADBY, SCUNTHORPE, DN17 3BD - £115,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 OLD SCHOOL LANE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £115,000 in March 2016, which was around 33% below the average March 2016 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was E.

5 OLD SCHOOL LANE Sold Prices

Land registry data shows three sales for 5 OLD SCHOOL LANE 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. All of the three 5 OLD SCHOOL LANE 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
2016 1 MAR	£115,000	£170,999	33% below HPI
2004 30 NOV	£132,000	£151,986	13% below HPI
2004 27 MAY	£100,450	£142,166	29% below HPI

5 OLD SCHOOL LANE 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 OLD SCHOOL LANE sales between May 2004 and March 2016 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 OLD SCHOOL LANE?

5 OLD SCHOOL LANE is 80m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Keadby, based on EPC data. The below chart shows the distribution of detached houses by size in Keadby, and where 5 OLD SCHOOL LANE lies on this distribution: 14% of detached houses are smaller than 5 OLD SCHOOL LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Keadby.

5 OLD SCHOOL LANE: Plot and Title Map

5 OLD SCHOOL LANE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 5 OLD SCHOOL LANE, 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 OLD SCHOOL LANE). 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 OLD SCHOOL LANE?

5 OLD SCHOOL LANE is located in KEADBY, in the DN17 postcode district. The below map shows the position of No. 5 on OLD SCHOOL LANE.