12, EVISON WAY, NORTH SOMERCOTES, LOUTH, LN11 7PE - £99,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 EVISON WAY is a small extended semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £191,422. It was last sold for £99,950 in April 2004, which was around 1% below the average April 2004 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

12 EVISON WAY Sold Prices

Land registry data shows two sales for 12 EVISON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 12 EVISON WAY 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
2004 30 APR	£99,950	£100,744	1% below HPI
1997 12 MAY	£42,950	£38,313	12% above HPI

12 EVISON WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 12 EVISON WAY sales from May 1997 and April 2004 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 May 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2004 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 12 EVISON WAY be worth now?

12 EVISON WAY might now be worth an estimated £191,422.

This is based on house price inflation of 91.5%, between April 2004 and February 2025, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 91.5% inflationary increase is applied to the most recent sale price for 12 EVISON WAY of £99,950 on 30th April 2004. For the value to have increased from £99,950 to £191,422 over the 21 years and two months to February 2025, the following assumptions must hold true:

• The value of 12 EVISON WAY has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The April 2004 sale price of £99,950 represented a fair market value for the property.
• The size, condition, and specification of 12 EVISON WAY has not materially changed since April 2004.

How Large is 12 EVISON WAY?

12 EVISON WAY is 86m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of semi-detached houses houses in North Somercotes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Somercotes, and where 12 EVISON WAY lies on this distribution: 31% of semi-detached houses houses are smaller than 12 EVISON WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

12 EVISON WAY: Plot and Title Map

12 EVISON WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 12 EVISON WAY, 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 12 EVISON WAY). 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 12 EVISON WAY?

12 EVISON WAY is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 12 on EVISON WAY.