CLARKSON, CHURCHILL ROAD, NORTH SOMERCOTES, LOUTH, LN11 7QS - £247,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CLARKSON is a midsized extended detached house of 113m², built sometime before 1900, which could now be worth an estimated £394,617. It was last sold for £247,000 in April 2015, which was around 38% above the average April 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

CLARKSON Sold Prices

Land registry data shows two sales for CLARKSON 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 CLARKSON sales was for above 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
2015 9 APR	£247,000	£179,172	38% above HPI
2000 8 NOV	£50,000	£77,338	35% below HPI

CLARKSON 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 CLARKSON sales from November 2000 and April 2015 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 November 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2015 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might CLARKSON be worth now?

CLARKSON might now be worth an estimated £394,617.

This is based on house price inflation of 59.8%, between April 2015 and February 2025, 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 59.8% inflationary increase is applied to the most recent sale price for CLARKSON of £247,000 on 9th April 2015. For the value to have increased from £247,000 to £394,617 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of CLARKSON has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2015 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of CLARKSON has not materially changed since April 2015.

How Large is CLARKSON?

CLARKSON is 113m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Somercotes, and where CLARKSON lies on this distribution: 57% of detached houses houses are smaller than CLARKSON, and 43% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

CLARKSON: Plot and Title Map

CLARKSON sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of CLARKSON, 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 CLARKSON). 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 CLARKSON?

CLARKSON is located on CHURCHILL ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of CLARKSON on CHURCHILL ROAD.