BUTTONS BEND, WINE HILL LANE, SALTFLEET, LOUTH, LN11 7RX - £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

BUTTONS BEND is a very large detached house of 184m², built sometime between 1983 and 1990. It was last sold for £275,000 in April 2004, which was around 81% above the average April 2004 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

BUTTONS BEND Sold Prices

Land registry data shows two sales for BUTTONS BEND 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 BUTTONS BEND sales were for above 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
2004 14 APR	£275,000	£151,848	81% above HPI
1997 15 AUG	£96,500	£61,297	57% above HPI

BUTTONS BEND 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 BUTTONS BEND sales from August 1997 and April 2004 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 August 1997 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the April 2004 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is BUTTONS BEND?

BUTTONS BEND is 184m² according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses in Saltfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Saltfleet, and where BUTTONS BEND lies on this distribution: 97% of detached houses are smaller than BUTTONS BEND, and 3% of houses are larger. Note that EPC data is not available for all properties in Saltfleet.

BUTTONS BEND: Plot and Title Map

BUTTONS BEND sits on a plot of roughly 0.377 of an acre, or 1,527m². The below map shows the location of BUTTONS BEND, 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 BUTTONS BEND). 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 BUTTONS BEND?

BUTTONS BEND is located on WINE HILL LANE in SALTFLEET, in the LN11 postcode district. The below map shows the position of BUTTONS BEND on WINE HILL LANE.