IVYDENE, CONISHOLME ROAD, NORTH SOMERCOTES, LOUTH, LN11 7PS - £395,000

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

IVYDENE is a very large detached house of 218m², built sometime between 2003 and 2006. It was last sold for £395,000 in August 2021, which was around 62% above the average August 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was C.

IVYDENE Sold Prices

Land registry data shows two sales for IVYDENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two IVYDENE sales was for above the average price, whilst the other 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
2021 6 AUG	£395,000	£243,899	62% above HPI
2006 26 MAY	£110,000	£179,287	39% below HPI

IVYDENE 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 two IVYDENE sales from May 2006 and August 2021 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2021 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is IVYDENE?

IVYDENE is 218m² according to the EPC inspection conducted in October 2019. This puts it in the largest 10% 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 IVYDENE lies on this distribution: 96% of detached houses are smaller than IVYDENE, and 4% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

IVYDENE: Plot and Title Map

IVYDENE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of IVYDENE, 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 IVYDENE). 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 IVYDENE?

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