VICTOR HOUSE, KEELING STREET, NORTH SOMERCOTES, LOUTH, LN11 7QU - £349,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

VICTOR HOUSE is a very large detached house of 164m², built sometime between 1996 and 2002, which could now be worth an estimated £373,582. It was last sold for £349,950 in April 2022, which was around 31% above the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

VICTOR HOUSE Sold Prices

Land registry data shows three sales for VICTOR HOUSE 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 VICTOR HOUSE 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 28 APR	£349,950	£268,144	31% above HPI
2002 11 APR	£120,000	£99,217	21% above HPI
2001 5 JAN	£112,000	£78,556	43% above HPI

VICTOR HOUSE 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 VICTOR HOUSE sales between January 2001 and April 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 April 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might VICTOR HOUSE be worth now?

VICTOR HOUSE might now be worth an estimated £373,582.

This is based on house price inflation of 6.8%, between April 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 6.8% inflationary increase is applied to the most recent sale price for VICTOR HOUSE of £349,950 on 28th April 2022. For the value to have increased from £349,950 to £373,582 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of VICTOR HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2022 sale price of £349,950 represented a fair market value for the property.
• The size, condition, and specification of VICTOR HOUSE has not materially changed since April 2022.

How Large is VICTOR HOUSE?

VICTOR HOUSE is 164m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Somercotes, and where VICTOR HOUSE lies on this distribution: 81% of detached houses houses are smaller than VICTOR HOUSE, and 19% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

VICTOR HOUSE: Plot and Title Map

VICTOR HOUSE sits on a plot of roughly 0.313 of an acre, or 1,266m². The below map shows the location of VICTOR HOUSE, 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 VICTOR HOUSE). 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 VICTOR HOUSE?

VICTOR HOUSE is located on KEELING STREET in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of VICTOR HOUSE on KEELING STREET.