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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 EVISON WAY is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £149,950 in September 2019, which was around 32% below the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 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	£221,456	32% below HPI
2016 14 SEP	£133,995	£191,934	30% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 22 EVISON WAY?

22 EVISON WAY is 71m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in North Somercotes, and where 22 EVISON WAY lies on this distribution: 12% of detached houses are smaller than 22 EVISON WAY, and 87% 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.