4, SQUIRES MEADOW, NORTH SOMERCOTES, LOUTH, LN11 7GB - £240,000

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

4 SQUIRES MEADOW is a large detached house of 149m², built sometime between 2003 and 2006. It was last sold for £240,000 in April 2010, which was around 39% above the average April 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

4 SQUIRES MEADOW Sold Prices

Land registry data shows three sales for 4 SQUIRES MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 4 SQUIRES MEADOW 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
2010 14 APR	£240,000	£172,436	39% above HPI
2007 27 JUN	£240,000	£187,546	28% above HPI
2004 14 JUL	£200,000	£160,925	24% above HPI

4 SQUIRES MEADOW 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 three 4 SQUIRES MEADOW sales between July 2004 and April 2010 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 June 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the April 2010 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 4 SQUIRES MEADOW?

4 SQUIRES MEADOW is 149m² according to the EPC inspection conducted in August 2009. This puts it in the largest 30% 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 4 SQUIRES MEADOW lies on this distribution: 77% of detached houses are smaller than 4 SQUIRES MEADOW, and 23% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

4 SQUIRES MEADOW: Plot and Title Map

4 SQUIRES MEADOW sits on a plot of roughly 0.276 of an acre, or 1,117m². The below map shows the location of 4 SQUIRES MEADOW, 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 4 SQUIRES MEADOW). 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 4 SQUIRES MEADOW?

4 SQUIRES MEADOW is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 4 on SQUIRES MEADOW.