CLOVELLY, CEMETERY ROAD, NORTH SOMERCOTES, LOUTH, LN11 7NR - £108,000

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

CLOVELLY is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £108,000 in October 2010, which was around 36% below the average October 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

CLOVELLY Sold Prices

Land registry data shows two sales for CLOVELLY 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 CLOVELLY 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
2010 29 OCT	£108,000	£169,681	36% below HPI
2000 5 OCT	£64,000	£75,544	15% below HPI

CLOVELLY 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 CLOVELLY sales from October 2000 and October 2010 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 October 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2010 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is CLOVELLY?

CLOVELLY is 92m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% 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 CLOVELLY lies on this distribution: 38% of detached houses are smaller than CLOVELLY, and 61% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

CLOVELLY: Plot and Title Map

CLOVELLY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of CLOVELLY, 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 CLOVELLY). 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 CLOVELLY?

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