SHELTON HOUSE, WEMBLEY ROAD, NORTH SOMERCOTES, LOUTH, LN11 7NP - £450,000

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

SHELTON HOUSE is a midsized extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £450,000 in March 2023, which was around 59% above the average March 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

SHELTON HOUSE Sold Prices

Land registry data shows three sales for SHELTON HOUSE 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 SHELTON HOUSE 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
2023 14 MAR	£450,000	£282,466	59% above HPI
2017 12 APR	£249,950	£203,689	23% above HPI
2004 6 APR	£210,000	£151,848	38% above HPI

SHELTON HOUSE 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 SHELTON HOUSE sales between April 2004 and March 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 April 2017 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2023 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is SHELTON HOUSE?

SHELTON HOUSE is 117m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 SHELTON HOUSE lies on this distribution: 60% of detached houses are smaller than SHELTON HOUSE, and 40% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

SHELTON HOUSE: Plot and Title Map

SHELTON HOUSE sits on a plot of roughly 0.528 of an acre, or 2,136m². The below map shows the location of SHELTON HOUSE, 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 SHELTON HOUSE). 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 SHELTON HOUSE?

SHELTON HOUSE is located on WEMBLEY ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of SHELTON HOUSE on WEMBLEY ROAD.