INGLEWOOD, SOUTH ROAD, NORTH SOMERCOTES, LOUTH, LN11 7PT - £250,000

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

INGLEWOOD is a large extended detached house of 153m², built sometime between 1983 and 1990. It was last sold for £250,000 in May 2019, which was around 15% above the average May 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

INGLEWOOD Sold Prices

Land registry data shows three sales for INGLEWOOD 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 INGLEWOOD 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
2019 24 MAY	£250,000	£216,678	15% above HPI
1998 20 JUL	£120,000	£65,105	84% above HPI
1995 5 DEC	£50,000	£56,757	12% below HPI

INGLEWOOD 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 INGLEWOOD sales between December 1995 and May 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 July 1998 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the May 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is INGLEWOOD?

INGLEWOOD is 153m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 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 INGLEWOOD lies on this distribution: 79% of detached houses are smaller than INGLEWOOD, and 21% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

INGLEWOOD: Plot and Title Map

INGLEWOOD sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of INGLEWOOD, 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 INGLEWOOD). 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 INGLEWOOD?

INGLEWOOD is located on SOUTH ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of INGLEWOOD on SOUTH ROAD.