PAULZANNE, BANK END, NORTH SOMERCOTES, LOUTH, LN11 7LN - £258,000

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

PAULZANNE is a large extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £258,000 in October 2019, which was around 15% above the average October 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

PAULZANNE Sold Prices

Land registry data shows three sales for PAULZANNE 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. One of the three PAULZANNE sales was for above the average price, whilst two 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
2019 25 OCT	£258,000	£224,931	15% above HPI
2016 1 AUG	£169,950	£189,466	10% below HPI
2014 12 JUN	£155,000	£174,182	11% below HPI

PAULZANNE 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 PAULZANNE sales between June 2014 and October 2019 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 August 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is PAULZANNE?

PAULZANNE is 132m², which includes one extension, according to the EPC inspection conducted in February 2019. 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 PAULZANNE lies on this distribution: 68% of detached houses are smaller than PAULZANNE, and 32% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

PAULZANNE: Plot and Title Map

PAULZANNE sits on a plot of roughly 0.248 of an acre, or 1,002m². The below map shows the location of PAULZANNE, 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 PAULZANNE). 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 PAULZANNE?

PAULZANNE is located on BANK END in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of PAULZANNE on BANK END.