SOUTHSIDE, MARSH LANE, LAUGHTERTON, LINCOLN, LN1 2JX - £317,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SOUTHSIDE is a very large detached house of 190m², built sometime between 1991 and 1995. It was last sold for £317,000 in November 2020, which was around 35% above the average November 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

SOUTHSIDE Sold Prices

Land registry data shows two sales for SOUTHSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two SOUTHSIDE 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
2020 19 NOV	£317,000	£235,136	35% above HPI
2019 29 MAR	£317,500	£222,409	43% above HPI

SOUTHSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two SOUTHSIDE sales from March 2019 and November 2020 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 2019 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the November 2020 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is SOUTHSIDE?

SOUTHSIDE is 190m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Laughterton, based on EPC data. The below chart shows the distribution of detached houses by size in Laughterton, and where SOUTHSIDE lies on this distribution: 90% of detached houses are smaller than SOUTHSIDE, and 10% of houses are larger. Note that EPC data is not available for all properties in Laughterton.

SOUTHSIDE: Plot and Title Map

SOUTHSIDE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of SOUTHSIDE, 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 SOUTHSIDE). 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 SOUTHSIDE?

SOUTHSIDE is located on MARSH LANE in LAUGHTERTON, in the LN1 postcode district. The below map shows the position of SOUTHSIDE on MARSH LANE.