22, EVISON WAY, NORTH SOMERCOTES, LOUTH, LN11 7PE - £149,950

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

22 EVISON WAY is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £191,040. It was last sold for £149,950 in September 2019, which was around 33% below the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2024, where the current energy rating was F, and the potential energy rating was B.

22 EVISON WAY Sold Prices

Land registry data shows two sales for 22 EVISON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 22 EVISON WAY sales were 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
2019 23 SEP	£149,950	£224,683	33% below HPI
2016 14 SEP	£133,995	£194,731	31% below HPI

22 EVISON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 22 EVISON WAY sales from September 2016 and September 2019 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 September 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 22 EVISON WAY be worth now?

22 EVISON WAY might now be worth an estimated £191,040.

This is based on house price inflation of 27.4%, between September 2019 and February 2025, for 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 27.4% inflationary increase is applied to the most recent sale price for 22 EVISON WAY of £149,950 on 23rd September 2019. For the value to have increased from £149,950 to £191,040 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 22 EVISON WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2019 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 22 EVISON WAY has not materially changed since September 2019.

How Large is 22 EVISON WAY?

22 EVISON WAY is 71m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 20% of detached houses houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Somercotes, and where 22 EVISON WAY lies on this distribution: 11% of detached houses houses are smaller than 22 EVISON WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

22 EVISON WAY: Plot and Title Map

22 EVISON WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 22 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 22 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 22 EVISON WAY?

22 EVISON WAY is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 22 on EVISON WAY.