BRAMBLE LODGE, BANK END, NORTH SOMERCOTES, LOUTH, LN11 7LJ - £275,000

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

BRAMBLE LODGE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £275,000 in June 2022, which was about the average June 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2010, where the current energy rating was F, and the potential energy rating was D.

BRAMBLE LODGE Sold Prices

Land registry data shows two sales for BRAMBLE LODGE 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. One of the two BRAMBLE LODGE sales was roughly equal to the average price, whilst the other was 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 6 JUN	£275,000	£273,704	Close to HPI
2006 12 MAY	£165,000	£179,287	8% below HPI

BRAMBLE LODGE 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 BRAMBLE LODGE sales from May 2006 and June 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 May 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is BRAMBLE LODGE?

BRAMBLE LODGE is 71m² according to the EPC inspection conducted in August 2010. 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 BRAMBLE LODGE lies on this distribution: 13% of detached houses are smaller than BRAMBLE LODGE, and 87% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

BRAMBLE LODGE: Plot and Title Map

BRAMBLE LODGE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of BRAMBLE LODGE, 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 BRAMBLE LODGE). 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 BRAMBLE LODGE?

BRAMBLE LODGE is located on BANK END in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of BRAMBLE LODGE on BANK END.