HOME VIEW, JUBILEE ROAD, NORTH SOMERCOTES, LOUTH, LN11 7LH - £160,000

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

HOME VIEW is a midsized detached house of 113m², built sometime between 1976 and 1982. It was last sold for £160,000 in January 2015, which was around 8% below the average January 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

HOME VIEW Sold Prices

Land registry data shows five sales for HOME VIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The five HOME VIEW sales were a mix of below the average price, roughly equal to the average price, and 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
2015 5 JAN	£160,000	£174,154	8% below HPI
2006 12 MAY	£189,000	£179,287	5% above HPI
2006 1 MAR	£180,000	£168,359	7% above HPI
1999 23 SEP	£67,500	£68,475	1% below HPI
1997 29 SEP	£62,500	£62,540	Close to HPI

HOME VIEW 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 five HOME VIEW sales between September 1997 and January 2015 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 May 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is HOME VIEW?

HOME VIEW is 113m² according to the EPC inspection conducted in July 2015. This puts it in the largest 50% 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 HOME VIEW lies on this distribution: 57% of detached houses are smaller than HOME VIEW, and 42% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

HOME VIEW: Plot and Title Map

HOME VIEW sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of HOME VIEW, 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 HOME VIEW). 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 HOME VIEW?

HOME VIEW is located on JUBILEE ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of HOME VIEW on JUBILEE ROAD.