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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HALCYON is a small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £172,500 in May 2017, which was around 14% 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	£200,860	14% below HPI
2003 2 OCT	£103,000	£137,863	25% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in North Somercotes, and where HALCYON lies on this distribution: 24% of detached 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 0.147 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.