SHERWOOD, CEMETERY ROAD, NORTH SOMERCOTES, LOUTH, LN11 7NR - £120,000

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

SHERWOOD is a small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £120,000 in February 2013, which was around 24% below the average February 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

SHERWOOD Sold Prices

Land registry data shows two sales for SHERWOOD 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 SHERWOOD 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
2013 28 FEB	£120,000	£157,348	24% below HPI
2000 7 NOV	£67,000	£76,227	12% below HPI

SHERWOOD 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 SHERWOOD sales from November 2000 and February 2013 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 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2013 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is SHERWOOD?

SHERWOOD is 78m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% 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 SHERWOOD lies on this distribution: 24% of detached houses are smaller than SHERWOOD, and 76% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

SHERWOOD: Plot and Title Map

SHERWOOD sits on a plot of roughly 0.305 of an acre, or 1,236m². The below map shows the location of SHERWOOD, 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 SHERWOOD). 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 SHERWOOD?

SHERWOOD is located on CEMETERY ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of SHERWOOD on CEMETERY ROAD.