HALCYON, WARREN ROAD, NORTH SOMERCOTES, LOUTH, LN11 7QX - £172,500

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.

HALCYON is a small extended detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £242,304. It was last sold for £172,500 in May 2017, which was around 15% below the average May 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

HALCYON Sold Prices

Land registry data shows two sales for HALCYON 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 HALCYON 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
2017 26 MAY	£172,500	£203,787	15% below HPI
2003 2 OCT	£103,000	£139,872	26% below HPI

HALCYON 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 HALCYON sales from October 2003 and May 2017 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 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might HALCYON be worth now?

HALCYON might now be worth an estimated £242,304.

This is based on house price inflation of 40.5%, between May 2017 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 40.5% inflationary increase is applied to the most recent sale price for HALCYON of £172,500 on 26th May 2017. For the value to have increased from £172,500 to £242,304 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of HALCYON has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2017 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of HALCYON has not materially changed since May 2017.

How Large is HALCYON?

HALCYON is 78m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% 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 HALCYON lies on this distribution: 23% of detached houses houses are smaller than HALCYON, and 76% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

HALCYON: Plot and Title Map

HALCYON sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of HALCYON, 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 HALCYON). 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 HALCYON?

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