BEECHCROFT, MILL LANE, SCAMBLESBY, LOUTH, LN11 9XP - £155,000

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

BEECHCROFT is a very small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £155,000 in July 2016, which was around 18% below the average July 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2017, where the current energy rating was G, and the potential energy rating was C.

BEECHCROFT Sold Prices

Land registry data shows two sales for BEECHCROFT 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 BEECHCROFT 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
2016 29 JUL	£155,000	£189,070	18% below HPI
2001 5 MAR	£67,000	£75,801	12% below HPI

BEECHCROFT 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 BEECHCROFT sales from March 2001 and July 2016 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 March 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is BEECHCROFT?

BEECHCROFT is 100m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Scamblesby, based on EPC data. The below chart shows the distribution of detached houses by size in Scamblesby, and where BEECHCROFT lies on this distribution: 18% of detached houses are smaller than BEECHCROFT, and 82% of houses are larger. Note that EPC data is not available for all properties in Scamblesby.

BEECHCROFT: Plot and Title Map

BEECHCROFT sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of BEECHCROFT, 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 BEECHCROFT). 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 BEECHCROFT?

BEECHCROFT is located on MILL LANE in SCAMBLESBY, in the LN11 postcode district. The below map shows the position of BEECHCROFT on MILL LANE.