5, WOOLPACK MEADOWS, NORTH SOMERCOTES, LOUTH, LN11 7QG - £166,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 WOOLPACK MEADOWS is a large detached house of 154m², built sometime between 1996 and 2002, which could now be worth an estimated £286,476. It was last sold for £166,500 in January 2014, which was about the average January 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

5 WOOLPACK MEADOWS Sold Prices

Land registry data shows two sales for 5 WOOLPACK MEADOWS 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. One of the two 5 WOOLPACK MEADOWS sales was roughly equal to the average price, whilst the other was 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
2014 17 JAN	£166,500	£166,370	Close to HPI
2004 26 NOV	£200,000	£169,903	18% above HPI

5 WOOLPACK MEADOWS 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 5 WOOLPACK MEADOWS sales from November 2004 and January 2014 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 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 WOOLPACK MEADOWS be worth now?

5 WOOLPACK MEADOWS might now be worth an estimated £286,476.

This is based on house price inflation of 72.1%, between January 2014 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.1% inflationary increase is applied to the most recent sale price for 5 WOOLPACK MEADOWS of £166,500 on 17th January 2014. For the value to have increased from £166,500 to £286,476 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 WOOLPACK MEADOWS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2014 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 5 WOOLPACK MEADOWS has not materially changed since January 2014.

How Large is 5 WOOLPACK MEADOWS?

5 WOOLPACK MEADOWS is 154m² according to the EPC inspection conducted in September 2013. This puts it in the largest 30% of detached houses houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Somercotes, and where 5 WOOLPACK MEADOWS lies on this distribution: 78% of detached houses houses are smaller than 5 WOOLPACK MEADOWS, and 22% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

5 WOOLPACK MEADOWS: Plot and Title Map

5 WOOLPACK MEADOWS sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 5 WOOLPACK MEADOWS, 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 5 WOOLPACK MEADOWS). 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 5 WOOLPACK MEADOWS?

5 WOOLPACK MEADOWS is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 5 on WOOLPACK MEADOWS.