5, RILESTON PLACE, SCUNTHORPE, DN16 3SP - £175,000

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 RILESTON PLACE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £175,000 in March 2022, which was around 26% below the average March 2022 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

5 RILESTON PLACE Sold Prices

Land registry data shows two sales for 5 RILESTON PLACE 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 RILESTON PLACE 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
2022 4 MAR	£175,000	£236,103	26% below HPI
2005 2 DEC	£115,000	£159,632	28% below HPI

5 RILESTON PLACE 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 RILESTON PLACE sales from December 2005 and March 2022 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 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 RILESTON PLACE be worth now?

5 RILESTON PLACE might now be worth an estimated £182,670.

This is based on house price inflation of 4.4%, between March 2022 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 4.4% inflationary increase is applied to the most recent sale price for 5 RILESTON PLACE of £175,000 on 4th March 2022. For the value to have increased from £175,000 to £182,670 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 5 RILESTON PLACE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The March 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RILESTON PLACE has not materially changed since March 2022.

How Large is 5 RILESTON PLACE?

5 RILESTON PLACE is 63m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% 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 RILESTON PLACE lies on this distribution: 4% of detached houses houses are smaller than 5 RILESTON PLACE, and 95% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

5 RILESTON PLACE: Plot and Title Map

5 RILESTON PLACE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 5 RILESTON PLACE, 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 RILESTON PLACE). 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 RILESTON PLACE?

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