VINE HOUSE, PUMP LANE, SALTFLEET, LOUTH, LN11 7RL - £93,500

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

VINE HOUSE is a very small semi-detached house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £153,053. It was last sold for £93,500 in August 2014, which was around 21% below the average August 2014 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was A.

VINE HOUSE Sold Prices

Land registry data shows two sales for VINE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two VINE HOUSE 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
2014 11 AUG	£93,500	£117,670	21% below HPI
2006 20 OCT	£110,000	£120,194	8% below HPI

VINE HOUSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two VINE HOUSE sales from October 2006 and August 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 October 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might VINE HOUSE be worth now?

VINE HOUSE might now be worth an estimated £153,053.

This is based on house price inflation of 63.7%, between August 2014 and December 2024, for semi-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 63.7% inflationary increase is applied to the most recent sale price for VINE HOUSE of £93,500 on 11th August 2014. For the value to have increased from £93,500 to £153,053 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of VINE HOUSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The August 2014 sale price of £93,500 represented a fair market value for the property.
• The size, condition, and specification of VINE HOUSE has not materially changed since August 2014.

How Large is VINE HOUSE?

VINE HOUSE is 72m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of semi-detached houses houses in Saltfleet, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Saltfleet, and where VINE HOUSE lies on this distribution: 8% of semi-detached houses houses are smaller than VINE HOUSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Saltfleet.

VINE HOUSE: Plot and Title Map

VINE HOUSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of VINE 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 VINE 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 VINE HOUSE?

VINE HOUSE is located on PUMP LANE in SALTFLEET, in the LN11 postcode district. The below map shows the position of VINE HOUSE on PUMP LANE.