7, HEATH ROAD, SCOTHERN, LINCOLN, LN2 2FJ - £299,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 HEATH ROAD is a very small detached house of 99m². It was last sold for £299,000 in January 2024, which was around 9% above the average January 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

7 HEATH ROAD Sold Prices

Land registry data shows three sales for 7 HEATH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 7 HEATH ROAD 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
2024 19 JAN	£299,000	£273,537	9% above HPI
2022 1 APR	£305,000	£271,455	12% above HPI
2016 31 OCT	£259,950	£205,241	27% above HPI

7 HEATH 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 three 7 HEATH ROAD sales between October 2016 and January 2024 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 April 2022 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2024 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 7 HEATH ROAD?

7 HEATH ROAD is 99m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 7 HEATH ROAD lies on this distribution: 12% of detached houses are smaller than 7 HEATH ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Scothern.

7 HEATH ROAD: Plot and Title Map

7 HEATH ROAD sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 7 HEATH 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 7 HEATH 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 7 HEATH ROAD?

7 HEATH ROAD is located in SCOTHERN, in the LN2 postcode district. The below map shows the position of No. 7 on HEATH ROAD.