NEWHAVEN, NORTH ELKINGTON LANE, FOTHERBY, LOUTH, LN11 0TB - £210,000

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.

NEWHAVEN is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £352,432. It was last sold for £210,000 in August 2005, which was around 23% above the average August 2005 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

NEWHAVEN Sold Prices

Land registry data shows three sales for NEWHAVEN 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. All of the three NEWHAVEN sales were for above 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
2005 19 AUG	£210,000	£170,566	23% above HPI
2003 21 NOV	£175,000	£141,448	24% above HPI
2000 11 OCT	£99,500	£76,645	30% above HPI

NEWHAVEN 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 NEWHAVEN sales between October 2000 and August 2005 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 November 2003 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2005 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might NEWHAVEN be worth now?

NEWHAVEN might now be worth an estimated £352,432.

This is based on house price inflation of 67.8%, between August 2005 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 67.8% inflationary increase is applied to the most recent sale price for NEWHAVEN of £210,000 on 19th August 2005. For the value to have increased from £210,000 to £352,432 over the twenty years and six months to February 2025, the following assumptions must hold true:

• The value of NEWHAVEN has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2005 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of NEWHAVEN has not materially changed since August 2005.

How Large is NEWHAVEN?

NEWHAVEN is 82m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses houses in Fotherby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fotherby, and where NEWHAVEN lies on this distribution: 15% of detached houses houses are smaller than NEWHAVEN, and 85% of houses are larger. Note that EPC data is not available for all properties in Fotherby.

NEWHAVEN: Plot and Title Map

NEWHAVEN sits on a plot of roughly 0.261 of an acre, or 1,055m². The below map shows the location of NEWHAVEN, 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 NEWHAVEN). 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 NEWHAVEN?

NEWHAVEN is located on NORTH ELKINGTON LANE in FOTHERBY, in the LN11 postcode district. The below map shows the position of NEWHAVEN on NORTH ELKINGTON LANE.