SHILLINGBURY, CHURCHILL ROAD, NORTH SOMERCOTES, LOUTH, LN11 7QS - £170,000

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.

SHILLINGBURY is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £222,736. It was last sold for £170,000 in June 2019, which was around 22% below the average June 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

SHILLINGBURY Sold Prices

Land registry data shows four sales for SHILLINGBURY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four SHILLINGBURY 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
2019 3 JUN	£170,000	£218,478	22% below HPI
2015 3 JUL	£114,000	£184,584	38% below HPI
2014 21 OCT	£124,500	£181,226	31% below HPI
1997 9 MAY	£42,000	£60,282	30% below HPI

SHILLINGBURY 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 four SHILLINGBURY sales between May 1997 and June 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 July 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might SHILLINGBURY be worth now?

SHILLINGBURY might now be worth an estimated £222,736.

This is based on house price inflation of 31%, between June 2019 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 31% inflationary increase is applied to the most recent sale price for SHILLINGBURY of £170,000 on 3rd June 2019. For the value to have increased from £170,000 to £222,736 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of SHILLINGBURY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of SHILLINGBURY has not materially changed since June 2019.

How Large is SHILLINGBURY?

SHILLINGBURY is 65m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% 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 SHILLINGBURY lies on this distribution: 5% of detached houses houses are smaller than SHILLINGBURY, and 94% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

SHILLINGBURY: Plot and Title Map

SHILLINGBURY sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of SHILLINGBURY, 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 SHILLINGBURY). 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 SHILLINGBURY?

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