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

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

SHILLINGBURY is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £170,000 in June 2019, which was around 21% 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	£215,341	21% below HPI
2015 3 JUL	£114,000	£181,933	37% below HPI
2014 21 OCT	£124,500	£178,623	30% below HPI
1997 9 MAY	£42,000	£59,416	29% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in North Somercotes, and where SHILLINGBURY lies on this distribution: 5% of detached 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.