THE HAVEN, HIGH THORPE, SOUTHREY, LINCOLN, LN3 5TB - £240,000

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

THE HAVEN is a large detached house of 138m², built sometime between 1996 and 2002, which could now be worth an estimated £358,141. It was last sold for £240,000 in June 2015, which was around 26% above the average June 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

THE HAVEN Sold Prices

Land registry data shows two sales for THE HAVEN 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 THE HAVEN 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
2015 26 JUN	£240,000	£190,932	26% above HPI
1996 24 OCT	£90,000	£63,713	41% above HPI

THE HAVEN 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 THE HAVEN sales from October 1996 and June 2015 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 October 1996 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2015 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might THE HAVEN be worth now?

THE HAVEN might now be worth an estimated £358,141.

This is based on house price inflation of 49.2%, between June 2015 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.2% inflationary increase is applied to the most recent sale price for THE HAVEN of £240,000 on 26th June 2015. For the value to have increased from £240,000 to £358,141 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of THE HAVEN has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of THE HAVEN has not materially changed since June 2015.

How Large is THE HAVEN?

THE HAVEN is 138m² according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses houses in Southrey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southrey, and where THE HAVEN lies on this distribution: 74% of detached houses houses are smaller than THE HAVEN, and 26% of houses are larger. Note that EPC data is not available for all properties in Southrey.

THE HAVEN: Plot and Title Map

THE HAVEN sits on a plot of roughly 0.229 of an acre, or 926m². The below map shows the location of THE HAVEN, 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 HAVEN). 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 HAVEN?

THE HAVEN is located on HIGH THORPE in SOUTHREY, in the LN3 postcode district. The below map shows the position of THE HAVEN on HIGH THORPE.