3, MALLING WALK, SCUNTHORPE, DN16 3SS - £68,000

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.

3 MALLING WALK is a very small terraced house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £113,491. It was last sold for £68,000 in October 2012, which was around 15% below the average October 2012 terraced price in the North Lincolnshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

3 MALLING WALK Sold Prices

Land registry data shows two sales for 3 MALLING WALK 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 3 MALLING WALK 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
2012 15 OCT	£68,000	£79,847	15% below HPI
2005 15 JUL	£77,500	£83,146	7% below HPI

3 MALLING WALK 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 3 MALLING WALK sales from July 2005 and October 2012 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 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2012 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 MALLING WALK be worth now?

3 MALLING WALK might now be worth an estimated £113,491.

This is based on house price inflation of 66.9%, between October 2012 and May 2026, 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 66.9% inflationary increase is applied to the most recent sale price for 3 MALLING WALK of £68,000 on 15th October 2012. For the value to have increased from £68,000 to £113,491 over the fourteen years and five months to May 2026, the following assumptions must hold true:

• The value of 3 MALLING WALK has moved in line with the HPI for terraced houses in the North Lincolnshire local authority area.
• The October 2012 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MALLING WALK has not materially changed since October 2012.

How Large is 3 MALLING WALK?

3 MALLING WALK is 59m² according to the EPC inspection conducted in March 2012. 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 3 MALLING WALK lies on this distribution: 3% of terraced houses houses are smaller than 3 MALLING WALK, and 97% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

3 MALLING WALK: Plot and Title Map

3 MALLING WALK sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 3 MALLING WALK, 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 3 MALLING WALK). 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 3 MALLING WALK?

3 MALLING WALK is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 3 on MALLING WALK.