SNAEFELL HOUSE, BROWNS LANE, NORTH SOMERCOTES, LOUTH, LN11 7RD - £169,950

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.

SNAEFELL HOUSE is a small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £220,033. It was last sold for £169,950 in July 2019, which was around 23% below the average July 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

SNAEFELL HOUSE Sold Prices

Land registry data shows four sales for SNAEFELL HOUSE 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. Most of the four SNAEFELL HOUSE 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 26 JUL	£169,950	£220,039	23% below HPI
2001 18 MAY	£83,000	£81,797	1% above HPI
2000 11 FEB	£62,000	£74,462	17% below HPI
1996 30 JUL	£40,000	£57,706	31% below HPI

SNAEFELL 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 four SNAEFELL HOUSE sales between July 1996 and July 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 May 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might SNAEFELL HOUSE be worth now?

SNAEFELL HOUSE might now be worth an estimated £220,033.

This is based on house price inflation of 29.5%, between July 2019 and March 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 29.5% inflationary increase is applied to the most recent sale price for SNAEFELL HOUSE of £169,950 on 26th July 2019. For the value to have increased from £169,950 to £220,033 over the six years and four months to March 2025, the following assumptions must hold true:

• The value of SNAEFELL HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2019 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of SNAEFELL HOUSE has not materially changed since July 2019.

How Large is SNAEFELL HOUSE?

SNAEFELL HOUSE is 85m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 SNAEFELL HOUSE lies on this distribution: 30% of detached houses houses are smaller than SNAEFELL HOUSE, and 69% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

SNAEFELL HOUSE: Plot and Title Map

SNAEFELL HOUSE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of SNAEFELL 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 SNAEFELL 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 SNAEFELL HOUSE?

SNAEFELL HOUSE is located on BROWNS LANE in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of SNAEFELL HOUSE on BROWNS LANE.