WESTFIELD HOUSE, OLD VILLAGE STREET, GUNNESS, SCUNTHORPE, DN15 8TW - £327,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WESTFIELD HOUSE is a very large extended detached house of 289m², built sometime between 2003 and 2006, which could now be worth an estimated £438,822. It was last sold for £327,000 in March 2018, which was around 77% above the average March 2018 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

WESTFIELD HOUSE Sold Prices

Land registry data shows four sales for WESTFIELD HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. two of the four WESTFIELD HOUSE sales were for above the average price, and four 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
2018 22 MAR	£327,000	£184,368	77% above HPI
2014 5 DEC	£313,000	£165,510	89% above HPI
2002 13 DEC	£40,000	£97,399	59% below HPI
2000 5 MAY	£33,500	£67,980	51% below HPI

WESTFIELD HOUSE 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 four WESTFIELD HOUSE sales between May 2000 and March 2018 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 December 2014 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the March 2018 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might WESTFIELD HOUSE be worth now?

WESTFIELD HOUSE might now be worth an estimated £438,822.

This is based on house price inflation of 34.2%, between March 2018 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 34.2% inflationary increase is applied to the most recent sale price for WESTFIELD HOUSE of £327,000 on 22nd March 2018. For the value to have increased from £327,000 to £438,822 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of WESTFIELD HOUSE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The March 2018 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of WESTFIELD HOUSE has not materially changed since March 2018.

How Large is WESTFIELD HOUSE?

WESTFIELD HOUSE is 289m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 10% of detached houses houses in Gunness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunness, and where WESTFIELD HOUSE lies on this distribution: More than 99% of detached houses houses are smaller than WESTFIELD HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Gunness.

WESTFIELD HOUSE: Plot and Title Map

WESTFIELD HOUSE sits on a plot of roughly 0.263 of an acre, or 1,065m². The below map shows the location of WESTFIELD HOUSE, 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 WESTFIELD HOUSE). 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 WESTFIELD HOUSE?

WESTFIELD HOUSE is located on OLD VILLAGE STREET in GUNNESS, in the DN15 postcode district. The below map shows the position of WESTFIELD HOUSE on OLD VILLAGE STREET.