7, MAGDALEN CLOSE, SCUNTHORPE, DN16 3NA - £114,950

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

7 MAGDALEN CLOSE is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £171,156. It was last sold for £114,950 in April 2016, which was around 8% above the average April 2016 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

7 MAGDALEN CLOSE Sold Prices

Land registry data shows two sales for 7 MAGDALEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Lincolnshire local authority area for the corresponding sale date. Both of the two 7 MAGDALEN CLOSE sales 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
2016 26 APR	£114,950	£106,747	8% above HPI
1999 15 MAR	£43,950	£37,083	19% above HPI

7 MAGDALEN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two 7 MAGDALEN CLOSE sales from March 1999 and April 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 March 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 7 MAGDALEN CLOSE be worth now?

7 MAGDALEN CLOSE might now be worth an estimated £171,156.

This is based on house price inflation of 48.9%, between April 2016 and December 2024, for semi-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 48.9% inflationary increase is applied to the most recent sale price for 7 MAGDALEN CLOSE of £114,950 on 26th April 2016. For the value to have increased from £114,950 to £171,156 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of 7 MAGDALEN CLOSE has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The April 2016 sale price of £114,950 represented a fair market value for the property.
• The size, condition, and specification of 7 MAGDALEN CLOSE has not materially changed since April 2016.

How Large is 7 MAGDALEN CLOSE?

7 MAGDALEN CLOSE is 58m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of semi-detached houses houses in Scunthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Scunthorpe, and where 7 MAGDALEN CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 7 MAGDALEN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

7 MAGDALEN CLOSE: Plot and Title Map

7 MAGDALEN CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 7 MAGDALEN 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 7 MAGDALEN 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 7 MAGDALEN CLOSE?

7 MAGDALEN CLOSE is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 7 on MAGDALEN CLOSE.