54, LAUREL WAY, SCUNTHORPE, DN16 3GT - £140,000

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.

54 LAUREL WAY is a midsized terraced house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £134,532. It was last sold for £140,000 in December 2022, which was around 9% above the average December 2022 terraced price in the North Lincolnshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

54 LAUREL WAY Sold Prices

Land registry data shows three sales for 54 LAUREL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Lincolnshire local authority area for the corresponding sale date. All of the three 54 LAUREL WAY 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
2022 1 DEC	£140,000	£129,030	9% above HPI
2007 9 NOV	£129,000	£93,692	38% above HPI
2006 31 MAY	£145,995	£84,730	72% above HPI

54 LAUREL WAY 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 three 54 LAUREL WAY sales between May 2006 and December 2022 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 November 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 54 LAUREL WAY be worth now?

54 LAUREL WAY might now be worth an estimated £134,532.

This is based on house price deflation of 3.9%, between December 2022 and June 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 3.9% deflationary decrease is applied to the most recent sale price for 54 LAUREL WAY of £140,000 on 1st December 2022. For the value to have decreased from £140,000 to £134,532 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 54 LAUREL WAY has moved in line with the HPI for terraced houses in the North Lincolnshire local authority area.
• The December 2022 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 54 LAUREL WAY has not materially changed since December 2022.

How Large is 54 LAUREL WAY?

54 LAUREL WAY is 100m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% 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 54 LAUREL WAY lies on this distribution: 47% of terraced houses houses are smaller than 54 LAUREL WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

54 LAUREL WAY: Plot and Title Map

54 LAUREL WAY sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 54 LAUREL WAY, 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 54 LAUREL WAY). 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 54 LAUREL WAY?

54 LAUREL WAY is located in SCUNTHORPE, in the DN16 postcode district. The below map shows the position of No. 54 on LAUREL WAY.