LYNWOOD, KEELING STREET, NORTH SOMERCOTES, LOUTH, LN11 7PL - £167,000

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

LYNWOOD is a large extended detached house of 121m², built sometime before 1900. It was last sold for £167,000 in January 2015, which was around 4% below the average January 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was C.

LYNWOOD Sold Prices

Land registry data shows two sales for LYNWOOD 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. Both of the two LYNWOOD sales were 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
2015 16 JAN	£167,000	£174,154	4% below HPI
2012 1 JUN	£133,000	£162,711	18% below HPI

LYNWOOD 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 LYNWOOD sales from June 2012 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 June 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is LYNWOOD?

LYNWOOD is 121m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% 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 LYNWOOD lies on this distribution: 63% of detached houses are smaller than LYNWOOD, and 37% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

LYNWOOD: Plot and Title Map

LYNWOOD sits on a plot of roughly 0.234 of an acre, or 946m². The below map shows the location of LYNWOOD, 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 LYNWOOD). 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 LYNWOOD?

LYNWOOD is located on KEELING STREET in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of LYNWOOD on KEELING STREET.