BELLA VISTA, SEA LANE, SALTFLEET, LOUTH, LN11 7RP - £280,000

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

BELLA VISTA is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £280,000 in May 2023, which was around 3% above the average May 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

BELLA VISTA Sold Prices

Land registry data shows four sales for BELLA VISTA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four BELLA VISTA 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
2023 26 MAY	£280,000	£271,486	3% above HPI
2007 18 JAN	£157,500	£178,011	12% below HPI
2005 11 FEB	£157,000	£164,556	5% below HPI
2002 9 AUG	£69,000	£105,490	35% below HPI

BELLA VISTA 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 four BELLA VISTA sales between August 2002 and May 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 January 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is BELLA VISTA?

BELLA VISTA is 99m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Saltfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Saltfleet, and where BELLA VISTA lies on this distribution: 35% of detached houses are smaller than BELLA VISTA, and 65% of houses are larger. Note that EPC data is not available for all properties in Saltfleet.

BELLA VISTA: Plot and Title Map

BELLA VISTA sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of BELLA VISTA, 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 BELLA VISTA). 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 BELLA VISTA?

BELLA VISTA is located on SEA LANE in SALTFLEET, in the LN11 postcode district. The below map shows the position of BELLA VISTA on SEA LANE.