24, MAIN STREET, SCOTHERN, LINCOLN, LN2 2UW - £400,000

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

24 MAIN STREET is a very large detached house of 196m², built sometime from 2007 onwards. It was last sold for £400,000 in February 2018, which was around 85% above the average February 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

24 MAIN STREET Sold Prices

Land registry data shows two sales for 24 MAIN STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 24 MAIN STREET sales were 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
2018 20 FEB	£400,000	£216,492	85% above HPI
2014 10 OCT	£373,000	£183,545	103% above HPI

24 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 two 24 MAIN STREET sales from October 2014 and February 2018 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 October 2014 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the February 2018 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 24 MAIN STREET?

24 MAIN STREET is 196m² according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses in Scothern, based on EPC data. The below chart shows the distribution of detached houses by size in Scothern, and where 24 MAIN STREET lies on this distribution: 81% of detached houses are smaller than 24 MAIN STREET, and 19% of houses are larger. Note that EPC data is not available for all properties in Scothern.

24 MAIN STREET: Plot and Title Map

24 MAIN STREET sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 24 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 24 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 24 MAIN STREET?

24 MAIN STREET is located in SCOTHERN, in the LN2 postcode district. The below map shows the position of No. 24 on MAIN STREET.