SOUTHFIELD HOUSE, LEGBOURNE ROAD, LOUTH, LN11 8LQ - £454,950

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

SOUTHFIELD HOUSE is a midsized extended detached house of 123m², built sometime before 1900. It was last sold for £454,950 in May 2021, which was around 93% above the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

SOUTHFIELD HOUSE Sold Prices

Land registry data shows two sales for SOUTHFIELD HOUSE 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 SOUTHFIELD 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
2021 6 MAY	£454,950	£235,278	93% above HPI
2015 20 MAR	£280,000	£174,460	60% above HPI

SOUTHFIELD 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 two SOUTHFIELD HOUSE sales from March 2015 and May 2021 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 March 2015 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the May 2021 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is SOUTHFIELD HOUSE?

SOUTHFIELD HOUSE is 123m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where SOUTHFIELD HOUSE lies on this distribution: 59% of detached houses are smaller than SOUTHFIELD HOUSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Louth.

SOUTHFIELD HOUSE: Plot and Title Map

SOUTHFIELD HOUSE sits on a plot of roughly 1.9 acres, or 7,814m². The below map shows the location of SOUTHFIELD 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 SOUTHFIELD 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 SOUTHFIELD HOUSE?

SOUTHFIELD HOUSE is located on LEGBOURNE ROAD in LOUTH, in the LN11 postcode district. The below map shows the position of SOUTHFIELD HOUSE on LEGBOURNE ROAD.