1, WELL STREET, MESSINGHAM, SCUNTHORPE, DN17 3RT - £195,000

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 WELL STREET is a small extended semi-detached house of 103m², built sometime before 1900, which could now be worth an estimated £200,081. It was last sold for £195,000 in October 2022, which was around 25% above the average October 2022 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

1 WELL STREET Sold Prices

Land registry data shows two sales for 1 WELL STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Lincolnshire local authority area for the corresponding sale date. Both of the two 1 WELL STREET sales were 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 6 OCT	£195,000	£155,403	25% above HPI
2020 30 JUL	£138,500	£128,715	8% above HPI

1 WELL STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two 1 WELL STREET sales from July 2020 and October 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 July 2020 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 1 WELL STREET be worth now?

1 WELL STREET might now be worth an estimated £200,081.

This is based on house price inflation of 2.6%, between October 2022 and February 2025, for semi-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 2.6% inflationary increase is applied to the most recent sale price for 1 WELL STREET of £195,000 on 6th October 2022. For the value to have increased from £195,000 to £200,081 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 WELL STREET has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The October 2022 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELL STREET has not materially changed since October 2022.

How Large is 1 WELL STREET?

1 WELL STREET is 103m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of semi-detached houses houses in Messingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Messingham, and where 1 WELL STREET lies on this distribution: 39% of semi-detached houses houses are smaller than 1 WELL STREET, and 59% of houses are larger. Note that EPC data is not available for all properties in Messingham.

1 WELL STREET: Plot and Title Map

1 WELL STREET sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 1 WELL STREET, 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 WELL STREET). 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 WELL STREET?

1 WELL STREET is located in MESSINGHAM, in the DN17 postcode district. The below map shows the position of No. 1 on WELL STREET.