8, JUBILEE ROAD, NORTH SOMERCOTES, LOUTH, LN11 7LH - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 JUBILEE ROAD is a midsized extended semi-detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £240,396. It was last sold for £230,000 in April 2023, which was around 25% above the average April 2023 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

8 JUBILEE ROAD Sold Prices

Land registry data shows five sales for 8 JUBILEE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 8 JUBILEE 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
2023 14 APR	£230,000	£184,599	25% above HPI
2020 3 DEC	£172,000	£155,012	11% above HPI
2005 2 SEP	£131,000	£117,756	11% above HPI
2000 11 FEB	£58,000	£46,554	25% above HPI
1997 30 MAY	£48,000	£38,313	25% above HPI

8 JUBILEE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five 8 JUBILEE ROAD sales between May 1997 and April 2023 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 December 2020 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8 JUBILEE ROAD be worth now?

8 JUBILEE ROAD might now be worth an estimated £240,396.

This is based on house price inflation of 4.5%, between April 2023 and February 2025, for semi-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 4.5% inflationary increase is applied to the most recent sale price for 8 JUBILEE ROAD of £230,000 on 14th April 2023. For the value to have increased from £230,000 to £240,396 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 8 JUBILEE ROAD has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The April 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 JUBILEE ROAD has not materially changed since April 2023.

How Large is 8 JUBILEE ROAD?

8 JUBILEE ROAD is 94m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of semi-detached houses houses in North Somercotes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Somercotes, and where 8 JUBILEE ROAD lies on this distribution: 40% of semi-detached houses houses are smaller than 8 JUBILEE ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

8 JUBILEE ROAD: Plot and Title Map

8 JUBILEE ROAD sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 8 JUBILEE 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 8 JUBILEE 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 8 JUBILEE ROAD?

8 JUBILEE ROAD is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 8 on JUBILEE ROAD.