IONA, LOWTHORPE, SOUTHREY, LINCOLN, LN3 5TD - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

IONA is a large detached house of 136m², built sometime between 1983 and 1990. It was last sold for £235,000 in May 2009, which was around 36% above the average May 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was D.

IONA Sold Prices

Land registry data shows two sales for IONA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two IONA 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
2009 22 MAY	£235,000	£172,751	36% above HPI
2007 9 MAR	£225,000	£182,554	23% above HPI

IONA Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two IONA sales from March 2007 and May 2009 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 March 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2009 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is IONA?

IONA is 136m² according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Southrey, based on EPC data. The below chart shows the distribution of detached houses by size in Southrey, and where IONA lies on this distribution: 71% of detached houses are smaller than IONA, and 29% of houses are larger. Note that EPC data is not available for all properties in Southrey.

IONA: Plot and Title Map

IONA sits on a plot of roughly 0.585 of an acre, or 2,367m². The below map shows the location of IONA, 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 IONA). 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 IONA?

IONA is located on LOWTHORPE in SOUTHREY, in the LN3 postcode district. The below map shows the position of IONA on LOWTHORPE.