THE BEECHES, JUBILEE ROAD, NORTH SOMERCOTES, LOUTH, LN11 7LH - £179,950

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

THE BEECHES is a midsized semi-detached house of 96m², built sometime between 1983 and 1990. It was last sold for £179,950 in June 2014, which was around 3% above the average June 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2010, where the current energy rating was F, and the potential energy rating was E.

THE BEECHES Sold Prices

Land registry data shows three sales for THE BEECHES 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 THE BEECHES 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
2014 11 JUN	£179,950	£174,182	3% above HPI
2000 12 DEC	£92,000	£76,936	20% above HPI
1997 29 SEP	£65,000	£62,540	4% above HPI

THE BEECHES 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 THE BEECHES sales between September 1997 and June 2014 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 December 2000 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 96m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% of detached houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in North Somercotes, and where THE BEECHES lies on this distribution: 44% of detached houses are smaller than THE BEECHES, and 56% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

THE BEECHES is located on JUBILEE ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of THE BEECHES on JUBILEE ROAD.