1, MILL CROFT, SCUNTHORPE, DN16 1QL - £132,000

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.

1 MILL CROFT is a very small detached house of 48m², built sometime between 1996 and 2002, which could now be worth an estimated £146,009. It was last sold for £132,000 in September 2021, which was around 42% below the average September 2021 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

1 MILL CROFT Sold Prices

Land registry data shows three sales for 1 MILL CROFT 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 1 MILL CROFT 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
2021 14 SEP	£132,000	£227,393	42% below HPI
2021 25 FEB	£86,000	£216,283	60% below HPI
1999 15 MAR	£34,950	£62,920	44% below HPI

1 MILL CROFT 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 1 MILL CROFT sales between March 1999 and September 2021 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 2021 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the September 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1 MILL CROFT be worth now?

1 MILL CROFT might now be worth an estimated £146,009.

This is based on house price inflation of 10.6%, between September 2021 and July 2026, 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 10.6% inflationary increase is applied to the most recent sale price for 1 MILL CROFT of £132,000 on 14th September 2021. For the value to have increased from £132,000 to £146,009 over the five years and two months to July 2026, the following assumptions must hold true:

• The value of 1 MILL CROFT has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The September 2021 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILL CROFT has not materially changed since September 2021.

How Large is 1 MILL CROFT?

1 MILL CROFT is 48m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% 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 1 MILL CROFT lies on this distribution: Less than 1% of detached houses houses are smaller than 1 MILL CROFT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

1 MILL CROFT: Plot and Title Map

1 MILL CROFT sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 1 MILL CROFT, 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 1 MILL CROFT). 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 1 MILL CROFT?

1 MILL CROFT is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 1 on MILL CROFT.