THREE WAYS, PRESTON DRIVE, BRIGG, DN20 8PE - £200,000

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

THREE WAYS is a midsized detached house of 108m², built sometime between 1976 and 1982, which could now be worth an estimated £209,590. It was last sold for £200,000 in May 2022, which was around 15% below the average May 2022 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

THREE WAYS Sold Prices

Land registry data shows two sales for THREE WAYS 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. One of the two THREE WAYS 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
2022 16 MAY	£200,000	£236,094	15% below HPI
1998 2 FEB	£64,000	£63,062	1% above HPI

THREE WAYS 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 THREE WAYS sales from February 1998 and May 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 February 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might THREE WAYS be worth now?

THREE WAYS might now be worth an estimated £209,590.

This is based on house price inflation of 4.8%, between May 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 4.8% inflationary increase is applied to the most recent sale price for THREE WAYS of £200,000 on 16th May 2022. For the value to have increased from £200,000 to £209,590 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of THREE WAYS has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The May 2022 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of THREE WAYS has not materially changed since May 2022.

How Large is THREE WAYS?

THREE WAYS is 108m² according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses houses in Brigg, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brigg, and where THREE WAYS lies on this distribution: 50% of detached houses houses are smaller than THREE WAYS, and 50% of houses are larger. Note that EPC data is not available for all properties in Brigg.

THREE WAYS: Plot and Title Map

THREE WAYS sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of THREE WAYS, 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 THREE WAYS). 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 THREE WAYS?

THREE WAYS is located on PRESTON DRIVE in BRIGG, in the DN20 postcode district. The below map shows the position of THREE WAYS on PRESTON DRIVE.