MORNING LIGHT, MAIN ROAD, SALTFLEET, LOUTH, LN11 7RN - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MORNING LIGHT is a small detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £359,046. It was last sold for £350,000 in July 2023, which was around 25% above the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

MORNING LIGHT Sold Prices

Land registry data shows two sales for MORNING LIGHT 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 MORNING LIGHT 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
2023 24 JUL	£350,000	£279,040	25% above HPI
2016 7 JAN	£140,000	£191,769	27% below HPI

MORNING LIGHT 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 MORNING LIGHT sales from January 2016 and July 2023 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 January 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might MORNING LIGHT be worth now?

MORNING LIGHT might now be worth an estimated £359,046.

This is based on house price inflation of 2.6%, between July 2023 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for MORNING LIGHT of £350,000 on 24th July 2023. For the value to have increased from £350,000 to £359,046 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of MORNING LIGHT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of MORNING LIGHT has not materially changed since July 2023.

How Large is MORNING LIGHT?

MORNING LIGHT is 90m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses houses in Saltfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saltfleet, and where MORNING LIGHT lies on this distribution: 28% of detached houses houses are smaller than MORNING LIGHT, and 72% of houses are larger. Note that EPC data is not available for all properties in Saltfleet.

MORNING LIGHT: Plot and Title Map

MORNING LIGHT sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of MORNING LIGHT, 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 MORNING LIGHT). 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 MORNING LIGHT?

MORNING LIGHT is located on MAIN ROAD in SALTFLEET, in the LN11 postcode district. The below map shows the position of MORNING LIGHT on MAIN ROAD.