9, WOOLPACK MEADOWS, NORTH SOMERCOTES, LOUTH, LN11 7QG - £237,000

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

9 WOOLPACK MEADOWS is a very small detached house of 73m², built sometime between 2003 and 2006. It was last sold for £237,000 in September 2022, which was around 15% below the average September 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

9 WOOLPACK MEADOWS Sold Prices

Land registry data shows five sales for 9 WOOLPACK MEADOWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 9 WOOLPACK MEADOWS sales were for below 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
2022 2 SEP	£237,000	£278,115	15% below HPI
2020 14 FEB	£170,000	£212,241	20% below HPI
2013 1 NOV	£127,000	£165,133	23% below HPI
2013 13 FEB	£137,000	£157,348	13% below HPI
2005 10 JUN	£152,000	£168,664	10% below HPI

9 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 five 9 WOOLPACK MEADOWS sales between June 2005 and September 2022 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 February 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 9 WOOLPACK MEADOWS?

9 WOOLPACK MEADOWS is 73m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% 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 9 WOOLPACK MEADOWS lies on this distribution: 15% of detached houses are smaller than 9 WOOLPACK MEADOWS, and 83% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

9 WOOLPACK MEADOWS: Plot and Title Map

9 WOOLPACK MEADOWS sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 9 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 9 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 9 WOOLPACK MEADOWS?

9 WOOLPACK MEADOWS is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 9 on WOOLPACK MEADOWS.