THORNDYKE, BANK END, NORTH SOMERCOTES, LOUTH, LN11 7LJ - £158,000

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

THORNDYKE is a large detached house of 151m², built sometime between 1983 and 1990. It was last sold for £158,000 in January 2014, which was around 4% below the average January 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

THORNDYKE Sold Prices

Land registry data shows three sales for THORNDYKE 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. One of the three THORNDYKE sales was for below the average price, whilst two 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 31 JAN	£158,000	£163,981	4% below HPI
1998 18 SEP	£74,500	£65,381	14% above HPI
1995 3 MAR	£75,000	£58,321	29% above HPI

THORNDYKE 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 THORNDYKE sales between March 1995 and January 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 September 1998 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is THORNDYKE?

THORNDYKE is 151m² according to the EPC inspection conducted in June 2014. This puts it in the largest 30% 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 THORNDYKE lies on this distribution: 78% of detached houses are smaller than THORNDYKE, and 22% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

THORNDYKE: Plot and Title Map

THORNDYKE sits on a plot of roughly 0.273 of an acre, or 1,106m². The below map shows the location of THORNDYKE, 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 THORNDYKE). 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 THORNDYKE?

THORNDYKE is located on BANK END in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of THORNDYKE on BANK END.