CONIFERS, BANK END, NORTH SOMERCOTES, LOUTH, LN11 7LN - £122,500

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

CONIFERS is a very small extended detached house of 67m², built sometime between 2003 and 2006, which could now be worth an estimated £215,390. It was last sold for £122,500 in April 2012, which was around 25% below the average April 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

CONIFERS Sold Prices

Land registry data shows two sales for CONIFERS 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 CONIFERS 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
2012 2 APR	£122,500	£162,802	25% below HPI
1998 10 FEB	£42,000	£63,294	34% below HPI

CONIFERS 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 CONIFERS sales from February 1998 and April 2012 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 February 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2012 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might CONIFERS be worth now?

CONIFERS might now be worth an estimated £215,390.

This is based on house price inflation of 75.8%, between April 2012 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 75.8% inflationary increase is applied to the most recent sale price for CONIFERS of £122,500 on 2nd April 2012. For the value to have increased from £122,500 to £215,390 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of CONIFERS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2012 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of CONIFERS has not materially changed since April 2012.

How Large is CONIFERS?

CONIFERS is 67m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% 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 CONIFERS lies on this distribution: 7% of detached houses houses are smaller than CONIFERS, and 93% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

CONIFERS: Plot and Title Map

CONIFERS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of CONIFERS, 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 CONIFERS). 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 CONIFERS?

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