2, OAKWELL CLOSE, SCUNTHORPE, DN16 3FD - £105,500

2 OAKWELL CLOSE is a very small semi-detached house of 55m², built sometime between 2003 and 2006. It was last sold for £105,500 in August 2018, which was around 47% below the average August 2018 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

2 OAKWELL CLOSE Sold Prices

Land registry data shows four sales for 2 OAKWELL CLOSE 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. All of the four 2 OAKWELL CLOSE 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
2018 24 AUG	£105,500	£200,207	47% below HPI
2015 7 AUG	£93,500	£171,269	45% below HPI
2014 29 AUG	£87,000	£164,391	47% below HPI
2005 11 MAR	£96,995	£154,177	37% below HPI

2 OAKWELL CLOSE 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 2 OAKWELL CLOSE sales between March 2005 and August 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 August 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 OAKWELL CLOSE?

2 OAKWELL CLOSE is 55m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Scunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Scunthorpe, and where 2 OAKWELL CLOSE lies on this distribution: 1% of detached houses are smaller than 2 OAKWELL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

2 OAKWELL CLOSE: Plot and Title Map

2 OAKWELL CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 2 OAKWELL 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 2 OAKWELL 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 2 OAKWELL CLOSE?

2 OAKWELL CLOSE is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 2 on OAKWELL CLOSE.