8, ELIZABETH CLOSE, SCOTTER, GAINSBOROUGH, DN21 3TA - £425,000

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

8 ELIZABETH CLOSE is a very large detached house of 188m², built sometime between 1991 and 1995. It was last sold for £425,000 in January 2023, which was around 48% above the average January 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

8 ELIZABETH CLOSE Sold Prices

Land registry data shows three sales for 8 ELIZABETH 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 West Lindsey local authority area for the corresponding sale date. All of the three 8 ELIZABETH 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
2023 17 JAN	£425,000	£287,875	48% above HPI
2015 18 NOV	£280,000	£195,548	43% above HPI
2005 8 JUL	£245,000	£180,986	35% above HPI

8 ELIZABETH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 8 ELIZABETH CLOSE sales between July 2005 and January 2023 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 2015 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2023 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 8 ELIZABETH CLOSE?

8 ELIZABETH CLOSE is 188m² according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses by size in Scotter, and where 8 ELIZABETH CLOSE lies on this distribution: 89% of detached houses are smaller than 8 ELIZABETH CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Scotter.

8 ELIZABETH CLOSE: Plot and Title Map

8 ELIZABETH CLOSE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 8 ELIZABETH 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 8 ELIZABETH 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 8 ELIZABETH CLOSE?

8 ELIZABETH CLOSE is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 8 on ELIZABETH CLOSE.