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

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.

HAZELDENE is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £366,865. It was last sold for £292,475 in October 2019, which was around 28% 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	£228,208	28% above HPI
2011 29 NOV	£230,000	£166,864	38% above HPI
1999 30 APR	£76,500	£65,717	16% 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 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2019 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might HAZELDENE be worth now?

HAZELDENE might now be worth an estimated £366,865.

This is based on house price inflation of 25.4%, between October 2019 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 25.4% inflationary increase is applied to the most recent sale price for HAZELDENE of £292,475 on 16th October 2019. For the value to have increased from £292,475 to £366,865 over the six 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 2019 sale price of £292,475 represented a fair market value for the property.
• The size, condition, and specification of HAZELDENE has not materially changed since October 2019.

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 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: 33% of detached houses houses are smaller than HAZELDENE, and 67% 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.