HAZELDENE, KEELING STREET, NORTH SOMERCOTES, LOUTH, LN11 7QT - £225,000

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

HAZELDENE is a large extended detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £329,156. It was last sold for £225,000 in October 2016, which was around 15% above the average October 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was D.

HAZELDENE Sold Prices

Land registry data shows three sales for HAZELDENE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three HAZELDENE sales were for above the average price, whilst one was 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 21 OCT	£225,000	£195,672	15% above HPI
2003 24 FEB	£152,500	£121,961	25% above HPI
1996 30 AUG	£39,000	£58,639	33% below HPI

HAZELDENE 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 three HAZELDENE sales between August 1996 and October 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 February 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2016 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might HAZELDENE be worth now?

HAZELDENE might now be worth an estimated £329,156.

This is based on house price inflation of 46.3%, between October 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 46.3% inflationary increase is applied to the most recent sale price for HAZELDENE of £225,000 on 21st October 2016. For the value to have increased from £225,000 to £329,156 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of HAZELDENE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of HAZELDENE has not materially changed since October 2016.

How Large is HAZELDENE?

HAZELDENE is 122m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% 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 HAZELDENE lies on this distribution: 64% of detached houses houses are smaller than HAZELDENE, and 36% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

HAZELDENE: Plot and Title Map

HAZELDENE sits on a plot of roughly 0.370 of an acre, or 1,496m². The below map shows the location of HAZELDENE, 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 HAZELDENE). 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 HAZELDENE?

HAZELDENE is located on KEELING STREET in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of HAZELDENE on KEELING STREET.