8, MAIN STREET, ALTHORPE, SCUNTHORPE, DN17 3HH - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 MAIN STREET is a very large extended detached house of 224m², built sometime between 1976 and 1982, which could now be worth an estimated £513,070. It was last sold for £480,000 in February 2022, which was around 107% above the average February 2022 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was B.

8 MAIN STREET Sold Prices

Land registry data shows four sales for 8 MAIN STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. All of the four 8 MAIN STREET 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
2022 2 FEB	£480,000	£231,468	107% above HPI
2014 15 DEC	£245,000	£165,510	48% above HPI
2009 16 OCT	£175,000	£160,577	9% above HPI
2004 19 AUG	£190,000	£153,323	24% above HPI

8 MAIN STREET 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 four 8 MAIN STREET sales between August 2004 and February 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 2014 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2022 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might 8 MAIN STREET be worth now?

8 MAIN STREET might now be worth an estimated £513,070.

This is based on house price inflation of 6.9%, between February 2022 and February 2025, 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 6.9% inflationary increase is applied to the most recent sale price for 8 MAIN STREET of £480,000 on 2nd February 2022. For the value to have increased from £480,000 to £513,070 over the three years to February 2025, the following assumptions must hold true:

• The value of 8 MAIN STREET has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The February 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MAIN STREET has not materially changed since February 2022.

How Large is 8 MAIN STREET?

8 MAIN STREET is 224m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses houses in Althorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Althorpe, and where 8 MAIN STREET lies on this distribution: More than 99% of detached houses houses are smaller than 8 MAIN STREET, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Althorpe.

8 MAIN STREET: Plot and Title Map

8 MAIN STREET sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of 8 MAIN STREET, 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 MAIN STREET). 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 MAIN STREET?

8 MAIN STREET is located in ALTHORPE, in the DN17 postcode district. The below map shows the position of No. 8 on MAIN STREET.