12, MAGDALEN CLOSE, SCUNTHORPE, DN16 3NA - £112,500

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.

12 MAGDALEN CLOSE is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £146,461. It was last sold for £112,500 in October 2018, which was around 12% above the average October 2018 terraced price in the North Lincolnshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

12 MAGDALEN CLOSE Sold Prices

Land registry data shows two sales for 12 MAGDALEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Lincolnshire local authority area for the corresponding sale date. Both of the two 12 MAGDALEN CLOSE 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
2018 5 OCT	£112,500	£100,694	12% above HPI
2017 30 JUN	£96,000	£93,512	3% above HPI

12 MAGDALEN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two 12 MAGDALEN CLOSE sales from June 2017 and October 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 June 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 12 MAGDALEN CLOSE be worth now?

12 MAGDALEN CLOSE might now be worth an estimated £146,461.

This is based on house price inflation of 30.2%, between October 2018 and August 2025, for terraced 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 30.2% inflationary increase is applied to the most recent sale price for 12 MAGDALEN CLOSE of £112,500 on 5th October 2018. For the value to have increased from £112,500 to £146,461 over the seven years and two months to August 2025, the following assumptions must hold true:

• The value of 12 MAGDALEN CLOSE has moved in line with the HPI for terraced houses in the North Lincolnshire local authority area.
• The October 2018 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 12 MAGDALEN CLOSE has not materially changed since October 2018.

How Large is 12 MAGDALEN CLOSE?

12 MAGDALEN CLOSE is 57m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of terraced houses houses in Scunthorpe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Scunthorpe, and where 12 MAGDALEN CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 12 MAGDALEN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

12 MAGDALEN CLOSE: Plot and Title Map

12 MAGDALEN CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 12 MAGDALEN CLOSE, 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 12 MAGDALEN CLOSE). 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 12 MAGDALEN CLOSE?

12 MAGDALEN CLOSE is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 12 on MAGDALEN CLOSE.