5, FARM CLOSE, GUNNESS, SCUNTHORPE, DN15 8SR - £100,000

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.

5 FARM CLOSE is a very small extended semi-detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £146,612. It was last sold for £100,000 in February 2017, which was around 10% below the average February 2017 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

5 FARM CLOSE Sold Prices

Land registry data shows five sales for 5 FARM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Lincolnshire local authority area for the corresponding sale date. Most of the five 5 FARM 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
2017 10 FEB	£100,000	£110,719	10% below HPI
2013 28 MAY	£95,000	£95,489	1% below HPI
2005 25 JUN	£106,000	£102,530	3% above HPI
2004 26 MAR	£82,950	£78,959	5% above HPI
2002 4 JAN	£47,000	£45,027	4% above HPI

5 FARM CLOSE 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 five 5 FARM CLOSE sales between January 2002 and February 2017 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 May 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 FARM CLOSE be worth now?

5 FARM CLOSE might now be worth an estimated £146,612.

This is based on house price inflation of 46.6%, between February 2017 and March 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 46.6% inflationary increase is applied to the most recent sale price for 5 FARM CLOSE of £100,000 on 10th February 2017. For the value to have increased from £100,000 to £146,612 over the seven years and eleven months to March 2025, the following assumptions must hold true:

• The value of 5 FARM CLOSE has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The February 2017 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FARM CLOSE has not materially changed since February 2017.

How Large is 5 FARM CLOSE?

5 FARM CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of semi-detached houses houses in Gunness, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gunness, and where 5 FARM CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 5 FARM CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Gunness.

5 FARM CLOSE: Plot and Title Map

5 FARM CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 5 FARM 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 5 FARM 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 5 FARM CLOSE?

5 FARM CLOSE is located in GUNNESS, in the DN15 postcode district. The below map shows the position of No. 5 on FARM CLOSE.