7, WOOLPACK MEADOWS, NORTH SOMERCOTES, LOUTH, LN11 7QG - £191,950

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 WOOLPACK MEADOWS is a small detached house of 86m², built sometime between 2003 and 2006. It was last sold for £191,950 in October 2020, which was around 14% below the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

7 WOOLPACK MEADOWS Sold Prices

Land registry data shows two sales for 7 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 7 WOOLPACK MEADOWS sales was for below 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
2020 27 OCT	£191,950	£223,136	14% below HPI
2004 23 NOV	£178,500	£167,463	7% above HPI

7 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 7 WOOLPACK MEADOWS sales from November 2004 and October 2020 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 WOOLPACK MEADOWS?

7 WOOLPACK MEADOWS is 86m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 7 WOOLPACK MEADOWS lies on this distribution: 32% of detached houses are smaller than 7 WOOLPACK MEADOWS, and 67% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

7 WOOLPACK MEADOWS: Plot and Title Map

7 WOOLPACK MEADOWS sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 7 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 7 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 7 WOOLPACK MEADOWS?

7 WOOLPACK MEADOWS is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 7 on WOOLPACK MEADOWS.