2, TIMBERLAND, SCUNTHORPE, DN16 3QA - £179,000

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 TIMBERLAND is a large extended detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £228,149. It was last sold for £179,000 in June 2020, which was around 10% below the average June 2020 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

2 TIMBERLAND Sold Prices

Land registry data shows one sale for 2 TIMBERLAND 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
2020 22 JUN	£179,000	£199,715	10% below HPI

What might 2 TIMBERLAND be worth now?

2 TIMBERLAND might now be worth an estimated £228,149.

This is based on house price inflation of 27.5%, between June 2020 and May 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 27.5% inflationary increase is applied to the most recent sale price for 2 TIMBERLAND of £179,000 on 22nd June 2020. For the value to have increased from £179,000 to £228,149 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 2 TIMBERLAND has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The June 2020 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TIMBERLAND has not materially changed since June 2020.

How Large is 2 TIMBERLAND?

2 TIMBERLAND is 124m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 30% 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 TIMBERLAND lies on this distribution: 73% of detached houses are smaller than 2 TIMBERLAND, and 26% of detached houses are larger. Note that EPC data is not available for all properties in Scunthorpe.

2 TIMBERLAND: Plot

2 TIMBERLAND sits on a plot of roughly 0.111 of an acre, or 448m².

Where is 2 TIMBERLAND?

2 TIMBERLAND is located in SCUNTHORPE, in the DN16 postcode district.