SPRING VIEW, WATERY LANE, LITTLE CAWTHORPE, LOUTH, LN11 8LZ - £1,150,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SPRING VIEW is a very large extended detached house of 503m², built sometime between 2003 and 2006, which could now be worth an estimated £1,166,649. It was last sold for £1,150,000 in September 2022, which was around 308% above the average September 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.

SPRING VIEW Sold Prices

Land registry data shows three sales for SPRING VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three SPRING VIEW 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
2022 29 SEP	£1,150,000	£282,167	308% above HPI
2004 17 JUN	£325,000	£160,163	103% above HPI
2000 31 JUL	£240,000	£76,251	215% above HPI

SPRING VIEW 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 three SPRING VIEW sales between July 2000 and September 2022 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 June 2004 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the September 2022 sale, where it rises to 308% above the HPI. The line then continues to track at 308% above the HPI.

What might SPRING VIEW be worth now?

SPRING VIEW might now be worth an estimated £1,166,649.

This is based on house price inflation of 1.4%, between September 2022 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 1.4% inflationary increase is applied to the most recent sale price for SPRING VIEW of £1,150,000 on 29th September 2022. For the value to have increased from £1,150,000 to £1,166,649 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of SPRING VIEW has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2022 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING VIEW has not materially changed since September 2022.

How Large is SPRING VIEW?

SPRING VIEW is 503m², which includes four extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses houses in Little Cawthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Cawthorpe, and where SPRING VIEW lies on this distribution: More than 99% of detached houses houses are smaller than SPRING VIEW, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Little Cawthorpe.

SPRING VIEW: Plot and Title Map

SPRING VIEW sits on a plot of roughly 6.2 acres, or 25,222m². The below map shows the location of SPRING VIEW, 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 SPRING VIEW). 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 SPRING VIEW?

SPRING VIEW is located on WATERY LANE in LITTLE CAWTHORPE, in the LN11 postcode district. The below map shows the position of SPRING VIEW on WATERY LANE.