MY WAY, THE HILL, SALTFLEET, LOUTH, LN11 7RJ - £144,000

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

MY WAY is a large extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £144,000 in February 2011, which was around 10% below the average February 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

MY WAY Sold Prices

Land registry data shows two sales for MY WAY 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 MY WAY 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
2011 25 FEB	£144,000	£159,181	10% below HPI
1999 22 JAN	£60,000	£67,519	11% below HPI

MY WAY 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 MY WAY sales from January 1999 and February 2011 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 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2011 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is MY WAY?

MY WAY is 121m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses in Saltfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Saltfleet, and where MY WAY lies on this distribution: 62% of detached houses are smaller than MY WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Saltfleet.

MY WAY: Plot and Title Map

MY WAY sits on a plot of roughly 0.248 of an acre, or 1,005m². The below map shows the location of MY WAY, 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 MY WAY). 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 MY WAY?

MY WAY is located on THE HILL in SALTFLEET, in the LN11 postcode district. The below map shows the position of MY WAY on THE HILL.