7, THE RISE, SCUNTHORPE, DN17 2SL - £225,000

7 THE RISE is a very large extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £225,000 in December 2020, which was around 5% above the average December 2020 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.

7 THE RISE Sold Prices

Land registry data shows four sales for 7 THE RISE 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. One of the four 7 THE RISE sales was for above the average price, whilst two 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
2020 18 DEC	£225,000	£215,254	5% above HPI
2015 29 JUL	£170,000	£169,557	Close to HPI
2012 10 FEB	£135,000	£155,653	13% below HPI
2005 14 FEB	£151,000	£155,889	3% below HPI

7 THE RISE 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 7 THE RISE sales between February 2005 and December 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 July 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 7 THE RISE?

7 THE RISE is 136m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of detached houses in Scunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Scunthorpe, and where 7 THE RISE lies on this distribution: 81% of detached houses are smaller than 7 THE RISE, and 19% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

7 THE RISE: Plot and Title Map

7 THE RISE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 7 THE RISE, 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 7 THE RISE). 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 7 THE RISE?

7 THE RISE is located in SCUNTHORPE, in the DN17 postcode district. The below map shows the position of No. 7 on THE RISE.