HOLME LEA, SHERWOOD VALE, SCUNTHORPE, DN15 7EB - £121,000

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

HOLME LEA is a midsized detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £187,282. It was last sold for £121,000 in August 2009, which was around 24% below the average August 2009 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

HOLME LEA Sold Prices

Land registry data shows two sales for HOLME LEA 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 HOLME LEA sales were for below 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
2009 21 AUG	£121,000	£159,228	24% below HPI
1998 26 JUN	£51,000	£63,397	20% below HPI

HOLME LEA 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 HOLME LEA sales from June 1998 and August 2009 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 June 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2009 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might HOLME LEA be worth now?

HOLME LEA might now be worth an estimated £187,282.

This is based on house price inflation of 54.8%, between August 2009 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 54.8% inflationary increase is applied to the most recent sale price for HOLME LEA of £121,000 on 21st August 2009. For the value to have increased from £121,000 to £187,282 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of HOLME LEA has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The August 2009 sale price of £121,000 represented a fair market value for the property.
• The size, condition, and specification of HOLME LEA has not materially changed since August 2009.

How Large is HOLME LEA?

HOLME LEA is 98m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% 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 HOLME LEA lies on this distribution: 44% of detached houses houses are smaller than HOLME LEA, and 56% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

HOLME LEA: Plot and Title Map

HOLME LEA sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of HOLME LEA, 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 HOLME LEA). 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 HOLME LEA?

HOLME LEA is located on SHERWOOD VALE in SCUNTHORPE, in the DN15 postcode district. The below map shows the position of HOLME LEA on SHERWOOD VALE.