23, MAIN STREET, SCOTHERN, LINCOLN, LN2 2UG - £342,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 MAIN STREET is a very small extended detached house of 85m², built sometime before 1900. It was last sold for £342,500 in October 2023, which was around 20% above the average October 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

23 MAIN STREET Sold Prices

Land registry data shows three sales for 23 MAIN STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 23 MAIN STREET sales were for above the average price, whilst one was 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
2023 20 OCT	£342,500	£286,085	20% above HPI
2021 8 NOV	£287,000	£261,092	10% above HPI
2017 6 FEB	£192,000	£203,399	6% below HPI

23 MAIN STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 23 MAIN STREET sales between February 2017 and October 2023 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 November 2021 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 23 MAIN STREET?

23 MAIN STREET is 85m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Scothern, based on EPC data. The below chart shows the distribution of detached houses by size in Scothern, and where 23 MAIN STREET lies on this distribution: 3% of detached houses are smaller than 23 MAIN STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Scothern.

23 MAIN STREET: Plot and Title Map

23 MAIN STREET sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of 23 MAIN STREET, 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 23 MAIN STREET). 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 23 MAIN STREET?

23 MAIN STREET is located in SCOTHERN, in the LN2 postcode district. The below map shows the position of No. 23 on MAIN STREET.