5, SCHOOL LANE, WEST BUTTERWICK, SCUNTHORPE, DN17 3LB - £230,500

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

5 SCHOOL LANE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £230,500 in April 2024, which was around 6% below the average April 2024 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

5 SCHOOL LANE Sold Prices

Land registry data shows three sales for 5 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 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
2024 26 APR	£230,500	£245,596	6% below HPI
2014 18 FEB	£96,000	£157,724	39% below HPI
1997 29 SEP	£40,150	£61,963	35% below HPI

5 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 SCHOOL LANE sales between September 1997 and April 2024 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 February 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 5 SCHOOL LANE?

5 SCHOOL LANE is 83m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses in West Butterwick, based on EPC data. The below chart shows the distribution of detached houses by size in West Butterwick, and where 5 SCHOOL LANE lies on this distribution: 5% of detached houses are smaller than 5 SCHOOL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in West Butterwick.

5 SCHOOL LANE: Plot and Title Map

5 SCHOOL LANE sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of 5 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 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 SCHOOL LANE?

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