TARAVIE, NETTLEHAM ROAD, SCOTHERN, LINCOLN, LN2 2TY - £49,500

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

TARAVIE is a small extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £49,500 in July 1996, which was around 19% below the average July 1996 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

TARAVIE Sold Prices

Land registry data shows two sales for TARAVIE 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 TARAVIE 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
1996 31 JUL	£49,500	£61,200	19% below HPI
1995 22 SEP	£36,000	£61,718	42% below HPI

TARAVIE 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 TARAVIE sales from September 1995 and July 1996 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 September 1995 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 1996 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is TARAVIE?

TARAVIE is 114m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in Scothern, based on EPC data. The below chart shows the distribution of detached houses by size in Scothern, and where TARAVIE lies on this distribution: 23% of detached houses are smaller than TARAVIE, and 75% of houses are larger. Note that EPC data is not available for all properties in Scothern.

TARAVIE: Plot and Title Map

TARAVIE sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of TARAVIE, 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 TARAVIE). 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 TARAVIE?

TARAVIE is located on NETTLEHAM ROAD in SCOTHERN, in the LN2 postcode district. The below map shows the position of TARAVIE on NETTLEHAM ROAD.