AVALON, KEELING STREET, NORTH SOMERCOTES, LOUTH, LN11 7PL - £139,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

AVALON is a midsized extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £220,811. It was last sold for £139,000 in November 2014, which was around 23% below the average November 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

AVALON Sold Prices

Land registry data shows two sales for AVALON 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. Both of the two AVALON 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
2014 5 NOV	£139,000	£180,195	23% below HPI
1999 19 FEB	£57,000	£65,212	13% below HPI

AVALON 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 AVALON sales from February 1999 and November 2014 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might AVALON be worth now?

AVALON might now be worth an estimated £220,811.

This is based on house price inflation of 58.9%, between November 2014 and February 2025, for 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 58.9% inflationary increase is applied to the most recent sale price for AVALON of £139,000 on 5th November 2014. For the value to have increased from £139,000 to £220,811 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of AVALON has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2014 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of AVALON has not materially changed since November 2014.

How Large is AVALON?

AVALON is 95m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of detached houses houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Somercotes, and where AVALON lies on this distribution: 41% of detached houses houses are smaller than AVALON, and 57% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

AVALON: Plot and Title Map

AVALON sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of AVALON, 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 AVALON). 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 AVALON?

AVALON is located on KEELING STREET in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of AVALON on KEELING STREET.