8, SHETLAND WAY, IMMINGHAM, DN40 1RJ - £143,000

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 SHETLAND WAY is a large detached house of 107m², built sometime between 1991 and 1995. It was last sold for £143,000 in December 2013, which was around 14% below the average December 2013 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

8 SHETLAND WAY Sold Prices

Land registry data shows two sales for 8 SHETLAND WAY 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 East Lincolnshire local authority area for the corresponding sale date. One of the two 8 SHETLAND WAY sales was for below the average price, whilst the other was 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
2013 19 DEC	£143,000	£165,785	14% below HPI
2006 24 MAY	£165,000	£162,367	2% above HPI

8 SHETLAND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 8 SHETLAND WAY sales from May 2006 and December 2013 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 May 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2013 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 SHETLAND WAY?

8 SHETLAND WAY is 107m² according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses in Immingham, based on EPC data. The below chart shows the distribution of detached houses by size in Immingham, and where 8 SHETLAND WAY lies on this distribution: 63% of detached houses are smaller than 8 SHETLAND WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Immingham.

8 SHETLAND WAY: Plot and Title Map

8 SHETLAND WAY sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 8 SHETLAND WAY, 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 SHETLAND WAY). 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 SHETLAND WAY?

8 SHETLAND WAY is located in IMMINGHAM, in the DN40 postcode district. The below map shows the position of No. 8 on SHETLAND WAY.