8, OLD SCHOOL LANE, BOTTESFORD, SCUNTHORPE, DN16 3RD - £456,000

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 OLD SCHOOL LANE is a very large extended detached house of 250m², built sometime between 1950 and 1966, which could now be worth an estimated £465,576. It was last sold for £456,000 in March 2024, which was around 89% above the average March 2024 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

8 OLD SCHOOL LANE Sold Prices

Land registry data shows two sales for 8 OLD SCHOOL LANE 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 OLD SCHOOL LANE 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
2024 8 MAR	£456,000	£241,382	89% above HPI
2010 26 NOV	£200,000	£164,301	22% above HPI

8 OLD 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 two 8 OLD SCHOOL LANE sales from November 2010 and March 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 November 2010 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2024 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 8 OLD SCHOOL LANE be worth now?

8 OLD SCHOOL LANE might now be worth an estimated £465,576.

This is based on house price inflation of 2.1%, between March 2024 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 2.1% inflationary increase is applied to the most recent sale price for 8 OLD SCHOOL LANE of £456,000 on 8th March 2024. For the value to have increased from £456,000 to £465,576 over the three months to December 2024, the following assumptions must hold true:

• The value of 8 OLD SCHOOL LANE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The March 2024 sale price of £456,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OLD SCHOOL LANE has not materially changed since March 2024.

How Large is 8 OLD SCHOOL LANE?

8 OLD SCHOOL LANE is 250m², which includes four extensions, according to the EPC inspection conducted in November 2022. 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 OLD SCHOOL LANE lies on this distribution: 99% of detached houses houses are smaller than 8 OLD SCHOOL LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

8 OLD SCHOOL LANE: Plot and Title Map

8 OLD SCHOOL LANE sits on a plot of roughly 0.283 of an acre, or 1,145m². The below map shows the location of 8 OLD 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 8 OLD 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 8 OLD SCHOOL LANE?

8 OLD SCHOOL LANE is located in BOTTESFORD, in the DN16 postcode district. The below map shows the position of No. 8 on OLD SCHOOL LANE.