TA MEGARA, MAIN STREET, EALAND, SCUNTHORPE, DN17 4JG - £140,000

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

TA MEGARA is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £140,000 in May 2017, which was around 23% below the average May 2017 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

TA MEGARA Sold Prices

Land registry data shows three sales for TA MEGARA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. All of the three TA MEGARA 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
2017 26 MAY	£140,000	£182,803	23% below HPI
2001 30 OCT	£59,950	£76,720	22% below HPI
1996 25 JAN	£8,000	£57,863	86% below HPI

TA MEGARA 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 three TA MEGARA sales between January 1996 and May 2017 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 October 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is TA MEGARA?

TA MEGARA is 70m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Ealand, based on EPC data. The below chart shows the distribution of detached houses by size in Ealand, and where TA MEGARA lies on this distribution: 2% of detached houses are smaller than TA MEGARA, and 98% of houses are larger. Note that EPC data is not available for all properties in Ealand.

TA MEGARA: Plot and Title Map

TA MEGARA sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of TA MEGARA, 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 TA MEGARA). 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 TA MEGARA?

TA MEGARA is located on MAIN STREET in EALAND, in the DN17 postcode district. The below map shows the position of TA MEGARA on MAIN STREET.