BUTTONS BEND, WINE HILL LANE, SALTFLEET, LOUTH, LN11 7RX - £275,000

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

BUTTONS BEND is a very large detached house of 184m², built sometime between 1983 and 1990, which could now be worth an estimated £508,534. It was last sold for £275,000 in April 2004, which was around 79% 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	£154,061	79% above HPI
1997 15 AUG	£96,500	£62,190	55% 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 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the April 2004 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might BUTTONS BEND be worth now?

BUTTONS BEND might now be worth an estimated £508,534.

This is based on house price inflation of 84.9%, between April 2004 and December 2024, 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 84.9% inflationary increase is applied to the most recent sale price for BUTTONS BEND of £275,000 on 14th April 2004. For the value to have increased from £275,000 to £508,534 over the nineteen years and four months to December 2024, the following assumptions must hold true:

• The value of BUTTONS BEND has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2004 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of BUTTONS BEND has not materially changed since April 2004.

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 houses in Saltfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saltfleet, and where BUTTONS BEND lies on this distribution: 97% of detached houses 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.