PAMPAS, KEELING STREET, NORTH SOMERCOTES, LOUTH, LN11 7QJ - £135,000

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.

PAMPAS is a small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £191,089. It was last sold for £135,000 in February 2017, which was around 33% below the average February 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

PAMPAS Sold Prices

Land registry data shows two sales for PAMPAS 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 PAMPAS 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
2017 16 FEB	£135,000	£202,230	33% below HPI
2015 30 JAN	£135,000	£176,692	24% below HPI

PAMPAS 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 PAMPAS sales from January 2015 and February 2017 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might PAMPAS be worth now?

PAMPAS might now be worth an estimated £191,089.

This is based on house price inflation of 41.5%, between February 2017 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 41.5% inflationary increase is applied to the most recent sale price for PAMPAS of £135,000 on 16th February 2017. For the value to have increased from £135,000 to £191,089 over the eight years to February 2025, the following assumptions must hold true:

• The value of PAMPAS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2017 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of PAMPAS has not materially changed since February 2017.

How Large is PAMPAS?

PAMPAS is 77m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Somercotes, and where PAMPAS lies on this distribution: 20% of detached houses houses are smaller than PAMPAS, and 77% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

PAMPAS: Plot and Title Map

PAMPAS sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of PAMPAS, 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 PAMPAS). 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 PAMPAS?

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