18, ELIZABETH CLOSE, SCOTTER, GAINSBOROUGH, DN21 3TA - £320,000

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.

18 ELIZABETH CLOSE is a very large extended detached house of 179m², built sometime between 1996 and 2002, which could now be worth an estimated £372,710. It was last sold for £320,000 in August 2020, which was around 36% above the average August 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

18 ELIZABETH CLOSE Sold Prices

Land registry data shows three sales for 18 ELIZABETH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 18 ELIZABETH CLOSE sales were for above the average price, whilst one was 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
2020 28 AUG	£320,000	£235,564	36% above HPI
2016 30 SEP	£230,000	£204,504	12% above HPI
1998 11 MAR	£27,500	£68,142	60% below HPI

18 ELIZABETH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 18 ELIZABETH CLOSE sales between March 1998 and August 2020 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 September 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2020 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 18 ELIZABETH CLOSE be worth now?

18 ELIZABETH CLOSE might now be worth an estimated £372,710.

This is based on house price inflation of 16.5%, between August 2020 and June 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 18 ELIZABETH CLOSE of £320,000 on 28th August 2020. For the value to have increased from £320,000 to £372,710 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 18 ELIZABETH CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 18 ELIZABETH CLOSE has not materially changed since August 2020.

How Large is 18 ELIZABETH CLOSE?

18 ELIZABETH CLOSE is 179m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scotter, and where 18 ELIZABETH CLOSE lies on this distribution: 86% of detached houses houses are smaller than 18 ELIZABETH CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Scotter.

18 ELIZABETH CLOSE: Plot and Title Map

18 ELIZABETH CLOSE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 18 ELIZABETH 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 18 ELIZABETH 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 18 ELIZABETH CLOSE?

18 ELIZABETH CLOSE is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 18 on ELIZABETH CLOSE.