40, SCOTHERN ROAD, NETTLEHAM, LINCOLN, LN2 2TX - £188,500

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

40 SCOTHERN ROAD is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £188,500 in April 2017, which was around 11% below the average April 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

40 SCOTHERN ROAD Sold Prices

Land registry data shows two sales for 40 SCOTHERN ROAD 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 40 SCOTHERN ROAD 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
2017 3 APR	£188,500	£211,935	11% below HPI
2006 11 AUG	£140,000	£175,402	20% below HPI

40 SCOTHERN ROAD 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 40 SCOTHERN ROAD sales from August 2006 and April 2017 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 August 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 40 SCOTHERN ROAD?

40 SCOTHERN ROAD is 96m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 40 SCOTHERN ROAD lies on this distribution: 33% of detached houses are smaller than 40 SCOTHERN ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

40 SCOTHERN ROAD: Plot and Title Map

40 SCOTHERN ROAD sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 40 SCOTHERN ROAD, 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 40 SCOTHERN ROAD). 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 40 SCOTHERN ROAD?

40 SCOTHERN ROAD is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 40 on SCOTHERN ROAD.