LAVENDERS, SOUTH STREET, SCAMBLESBY, LOUTH, LN11 9XF - £232,500

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

LAVENDERS is a small detached house of 115m², built sometime between 1976 and 1982. It was last sold for £232,500 in August 2019, which was around 5% above the average August 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

LAVENDERS Sold Prices

Land registry data shows three sales for LAVENDERS 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 LAVENDERS 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 5 AUG	£232,500	£221,272	5% above HPI
2012 20 DEC	£195,000	£157,864	24% above HPI
2006 18 JUL	£150,000	£180,885	17% below HPI

LAVENDERS 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 LAVENDERS sales between July 2006 and August 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 December 2012 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is LAVENDERS?

LAVENDERS is 115m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses in Scamblesby, based on EPC data. The below chart shows the distribution of detached houses by size in Scamblesby, and where LAVENDERS lies on this distribution: 30% of detached houses are smaller than LAVENDERS, and 68% of houses are larger. Note that EPC data is not available for all properties in Scamblesby.

LAVENDERS: Plot and Title Map

LAVENDERS sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of LAVENDERS, 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 LAVENDERS). 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 LAVENDERS?

LAVENDERS is located on SOUTH STREET in SCAMBLESBY, in the LN11 postcode district. The below map shows the position of LAVENDERS on SOUTH STREET.