8, PINE TREE AVENUE, SCOTTER, GAINSBOROUGH, DN21 3TY - £310,000

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.

8 PINE TREE AVENUE is a very large extended detached house of 175m², built sometime between 1967 and 1975, which could now be worth an estimated £387,124. It was last sold for £310,000 in August 2020, which was around 32% above the average August 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

8 PINE TREE AVENUE Sold Prices

Land registry data shows two sales for 8 PINE TREE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 8 PINE TREE AVENUE sales was for above the average price, whilst the other was 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 28 AUG	£310,000	£235,564	32% above HPI
2000 10 AUG	£73,000	£75,134	3% below HPI

8 PINE TREE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 8 PINE TREE AVENUE sales from August 2000 and August 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 August 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2020 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 8 PINE TREE AVENUE be worth now?

8 PINE TREE AVENUE might now be worth an estimated £387,124.

This is based on house price inflation of 24.9%, between August 2020 and March 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for 8 PINE TREE AVENUE of £310,000 on 28th August 2020. For the value to have increased from £310,000 to £387,124 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 8 PINE TREE AVENUE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PINE TREE AVENUE has not materially changed since August 2020.

How Large is 8 PINE TREE AVENUE?

8 PINE TREE AVENUE is 175m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scotter, and where 8 PINE TREE AVENUE lies on this distribution: 84% of detached houses houses are smaller than 8 PINE TREE AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Scotter.

8 PINE TREE AVENUE: Plot and Title Map

8 PINE TREE AVENUE sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of 8 PINE TREE AVENUE, 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 PINE TREE AVENUE). 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 PINE TREE AVENUE?

8 PINE TREE AVENUE is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 8 on PINE TREE AVENUE.