2, CHERRY MOUNT, SCUNTHORPE, DN16 3QU - £95,000

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.

2 CHERRY MOUNT is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £149,859. It was last sold for £95,000 in February 2015, which was around 40% below the average February 2015 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

2 CHERRY MOUNT Sold Prices

Land registry data shows one sale for 2 CHERRY MOUNT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 20 FEB	£95,000	£159,457	40% below HPI

What might 2 CHERRY MOUNT be worth now?

2 CHERRY MOUNT might now be worth an estimated £149,859.

This is based on house price inflation of 57.7%, between February 2015 and April 2026, for 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 57.7% inflationary increase is applied to the most recent sale price for 2 CHERRY MOUNT of £95,000 on 20th February 2015. For the value to have increased from £95,000 to £149,859 over the ten years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 CHERRY MOUNT has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The February 2015 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRY MOUNT has not materially changed since February 2015.

How Large is 2 CHERRY MOUNT?

2 CHERRY MOUNT is 73m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 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 2 CHERRY MOUNT lies on this distribution: 12% of detached houses are smaller than 2 CHERRY MOUNT, and 87% of detached houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

2 CHERRY MOUNT: Plot

2 CHERRY MOUNT sits on a plot of roughly 0.096 of an acre, or 388m².

Where is 2 CHERRY MOUNT?

2 CHERRY MOUNT is located in SCUNTHORPE, in the DN16 postcode district.