DESBURN, MAIN ROAD, SALTFLEET, LOUTH, LN11 7SB - £190,000

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.

DESBURN is a small detached house of 100m², built sometime between 1930 and 1949, which could now be worth an estimated £279,318. It was last sold for £190,000 in May 2016, which was around 2% below the average May 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

DESBURN Sold Prices

Land registry data shows two sales for DESBURN 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 DESBURN 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
2016 16 MAY	£190,000	£194,717	2% below HPI
2005 22 JUL	£90,000	£170,272	47% below HPI

DESBURN 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 DESBURN sales from July 2005 and May 2016 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 July 2005 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might DESBURN be worth now?

DESBURN might now be worth an estimated £279,318.

This is based on house price inflation of 47%, between May 2016 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 47% inflationary increase is applied to the most recent sale price for DESBURN of £190,000 on 16th May 2016. For the value to have increased from £190,000 to £279,318 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of DESBURN has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2016 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of DESBURN has not materially changed since May 2016.

How Large is DESBURN?

DESBURN is 100m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% 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 DESBURN lies on this distribution: 37% of detached houses houses are smaller than DESBURN, and 59% of houses are larger. Note that EPC data is not available for all properties in Saltfleet.

DESBURN: Plot and Title Map

DESBURN sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of DESBURN, 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 DESBURN). 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 DESBURN?

DESBURN is located on MAIN ROAD in SALTFLEET, in the LN11 postcode district. The below map shows the position of DESBURN on MAIN ROAD.