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
50 SCOTHERN LANE is a midsized detached house of 135m², built sometime between 1930 and 1949. It was last sold for £318,500 in July 2019, which was around 49% above the average July 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 50 SCOTHERN LANE since 1st 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 50 SCOTHERN LANE 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 |
---|---|---|---|
2019 22 JUL | £318,500 | £213,595 | 49% above HPI |
1998 16 NOV | £86,000 | £67,211 | 28% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 50 SCOTHERN LANE sales from November 1998 and July 2019 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 1998 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2019 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.
50 SCOTHERN LANE is 135m² according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrooke, and where 50 SCOTHERN LANE lies on this distribution: 55% of detached houses are smaller than 50 SCOTHERN LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.
50 SCOTHERN LANE sits on a plot of roughly 0.456 of an acre, or 1,846m². The below map shows the location of 50 SCOTHERN LANE, 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 50 SCOTHERN LANE). 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.
50 SCOTHERN LANE is located in SUDBROOKE, in the LN2 postcode district. The below map shows the position of No. 50 on SCOTHERN LANE.