8, GREYFRIARS CLOSE, SCUNTHORPE, DN17 1LE - £88,500

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.

8 GREYFRIARS CLOSE is a very small terraced house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £102,870. It was last sold for £88,500 in March 2021, which was around 22% below the average March 2021 terraced price in the North Lincolnshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 GREYFRIARS CLOSE Sold Prices

Land registry data shows two sales for 8 GREYFRIARS CLOSE 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. One of the two 8 GREYFRIARS CLOSE sales was for below the average price, whilst the other was 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
2021 19 MAR	£88,500	£112,779	22% below HPI
2006 31 MAR	£85,995	£83,888	3% above HPI

8 GREYFRIARS CLOSE 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 8 GREYFRIARS CLOSE sales from March 2006 and March 2021 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 March 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 GREYFRIARS CLOSE be worth now?

8 GREYFRIARS CLOSE might now be worth an estimated £102,870.

This is based on house price inflation of 16.2%, between March 2021 and August 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 16.2% inflationary increase is applied to the most recent sale price for 8 GREYFRIARS CLOSE of £88,500 on 19th March 2021. For the value to have increased from £88,500 to £102,870 over the three years and seven months to August 2025, the following assumptions must hold true:

• The value of 8 GREYFRIARS CLOSE has moved in line with the HPI for terraced houses in the North Lincolnshire local authority area.
• The March 2021 sale price of £88,500 represented a fair market value for the property.
• The size, condition, and specification of 8 GREYFRIARS CLOSE has not materially changed since March 2021.

How Large is 8 GREYFRIARS CLOSE?

8 GREYFRIARS CLOSE is 57m² according to the EPC inspection conducted in February 2020. 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 8 GREYFRIARS CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 8 GREYFRIARS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

8 GREYFRIARS CLOSE: Plot and Title Map

8 GREYFRIARS CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 8 GREYFRIARS 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 8 GREYFRIARS 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 8 GREYFRIARS CLOSE?

8 GREYFRIARS CLOSE is located in SCUNTHORPE, in the DN17 postcode district. The below map shows the position of No. 8 on GREYFRIARS CLOSE.