COAST VIEW, BANK END, NORTH SOMERCOTES, LOUTH, LN11 7LJ - £145,000

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

COAST VIEW is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £194,176. It was last sold for £145,000 in January 2018, which was around 32% below the average January 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

COAST VIEW Sold Prices

Land registry data shows two sales for COAST VIEW 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 COAST VIEW 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
2018 18 JAN	£145,000	£212,742	32% below HPI
2000 19 MAY	£49,950	£73,116	32% below HPI

COAST VIEW 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 COAST VIEW sales from May 2000 and January 2018 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 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2018 sale, which was also at 32% below the HPI.

What might COAST VIEW be worth now?

COAST VIEW might now be worth an estimated £194,176.

This is based on house price inflation of 33.9%, between January 2018 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 33.9% inflationary increase is applied to the most recent sale price for COAST VIEW of £145,000 on 18th January 2018. For the value to have increased from £145,000 to £194,176 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of COAST VIEW has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2018 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of COAST VIEW has not materially changed since January 2018.

How Large is COAST VIEW?

COAST VIEW is 90m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% 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 COAST VIEW lies on this distribution: 37% of detached houses houses are smaller than COAST VIEW, and 63% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

COAST VIEW: Plot and Title Map

COAST VIEW sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of COAST VIEW, 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 COAST VIEW). 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 COAST VIEW?

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