8, LAKESIDE DRIVE, SCUNTHORPE, DN17 2AG - £325,000

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

8 LAKESIDE DRIVE is a very large extended detached house of 176m², built sometime between 1967 and 1975. It was last sold for £325,000 in July 2021, which was around 46% above the average July 2021 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

8 LAKESIDE DRIVE Sold Prices

Land registry data shows two sales for 8 LAKESIDE DRIVE 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 8 LAKESIDE DRIVE 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
2021 23 JUL	£325,000	£223,274	46% above HPI
2001 31 JUL	£135,000	£73,776	83% above HPI

8 LAKESIDE DRIVE 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 8 LAKESIDE DRIVE sales from July 2001 and July 2021 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 July 2001 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the July 2021 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 8 LAKESIDE DRIVE be worth now?

8 LAKESIDE DRIVE might now be worth an estimated £358,737.

This is based on house price inflation of 10.4%, between July 2021 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 10.4% inflationary increase is applied to the most recent sale price for 8 LAKESIDE DRIVE of £325,000 on 23rd July 2021. For the value to have increased from £325,000 to £358,737 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 LAKESIDE DRIVE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The July 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAKESIDE DRIVE has not materially changed since July 2021.

How Large is 8 LAKESIDE DRIVE?

8 LAKESIDE DRIVE is 176m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 8 LAKESIDE DRIVE lies on this distribution: 93% of detached houses houses are smaller than 8 LAKESIDE DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

8 LAKESIDE DRIVE: Plot and Title Map

8 LAKESIDE DRIVE sits on a plot of roughly 0.346 of an acre, or 1,400m². The below map shows the location of 8 LAKESIDE DRIVE, 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 LAKESIDE DRIVE). 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 LAKESIDE DRIVE?

8 LAKESIDE DRIVE is located in SCUNTHORPE, in the DN17 postcode district. The below map shows the position of No. 8 on LAKESIDE DRIVE.