WELL HOLME, CONISHOLME ROAD, NORTH SOMERCOTES, LOUTH, LN11 7PS - £287,000

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.

WELL HOLME is a midsized detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £289,620. It was last sold for £287,000 in October 2024, which was around 1% above the average October 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

WELL HOLME Sold Prices

Land registry data shows four sales for WELL HOLME since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four WELL HOLME 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
2024 16 OCT	£287,000	£283,662	1% above HPI
2010 28 OCT	£192,950	£172,153	12% above HPI
2004 9 JAN	£149,000	£146,166	2% above HPI
1997 11 JUL	£67,500	£61,347	10% above HPI

WELL HOLME 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 four WELL HOLME sales between July 1997 and October 2024 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 2010 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2024 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might WELL HOLME be worth now?

WELL HOLME might now be worth an estimated £289,620.

This is based on house price inflation of 0.9%, between October 2024 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 0.9% inflationary increase is applied to the most recent sale price for WELL HOLME of £287,000 on 16th October 2024. For the value to have increased from £287,000 to £289,620 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of WELL HOLME has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2024 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of WELL HOLME has not materially changed since October 2024.

How Large is WELL HOLME?

WELL HOLME is 94m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% 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 WELL HOLME lies on this distribution: 41% of detached houses houses are smaller than WELL HOLME, and 59% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

WELL HOLME: Plot and Title Map

WELL HOLME sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of WELL HOLME, 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 WELL HOLME). 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 WELL HOLME?

WELL HOLME is located on CONISHOLME ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of WELL HOLME on CONISHOLME ROAD.