ELTHAM, FERRY ROAD, SOUTHREY, LINCOLN, LN3 5TA - £127,000

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.

ELTHAM is a very small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £206,133. It was last sold for £127,000 in May 2013, which was around 29% below the average May 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

ELTHAM Sold Prices

Land registry data shows two sales for ELTHAM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two ELTHAM 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
2013 31 MAY	£127,000	£179,357	29% below HPI
1997 31 JAN	£51,000	£64,271	21% below HPI

ELTHAM Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two ELTHAM sales from January 1997 and May 2013 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 January 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2013 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might ELTHAM be worth now?

ELTHAM might now be worth an estimated £206,133.

This is based on house price inflation of 62.3%, between May 2013 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.3% inflationary increase is applied to the most recent sale price for ELTHAM of £127,000 on 31st May 2013. For the value to have increased from £127,000 to £206,133 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of ELTHAM has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2013 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of ELTHAM has not materially changed since May 2013.

How Large is ELTHAM?

ELTHAM is 79m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Southrey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southrey, and where ELTHAM lies on this distribution: 9% of detached houses houses are smaller than ELTHAM, and 91% of houses are larger. Note that EPC data is not available for all properties in Southrey.

ELTHAM: Plot and Title Map

ELTHAM sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of ELTHAM, 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 ELTHAM). 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 ELTHAM?

ELTHAM is located on FERRY ROAD in SOUTHREY, in the LN3 postcode district. The below map shows the position of ELTHAM on FERRY ROAD.