HAZELDENE, MARSH LANE, NORTH SOMERCOTES, LOUTH, LN11 7NT - £292,475

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

HAZELDENE is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £292,475 in October 2019, which was around 30% above the average October 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, 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. All of the three HAZELDENE sales were for above 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
2019 16 OCT	£292,475	£224,931	30% above HPI
2011 29 NOV	£230,000	£164,467	40% above HPI
1999 30 APR	£76,500	£64,773	18% above 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 April 1999 and October 2019 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 November 2011 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2019 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is HAZELDENE?

HAZELDENE is 86m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% 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 HAZELDENE lies on this distribution: 34% of detached houses are smaller than HAZELDENE, and 66% 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 0.377 of an acre, or 1,527m². 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 MARSH LANE in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of HAZELDENE on MARSH LANE.