WILLMEAD, MILL LANE, SCAMBLESBY, LOUTH, LN11 9XP - £275,000

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.

WILLMEAD is a midsized extended detached house of 138m², built sometime between 1976 and 1982, which could now be worth an estimated £344,945. It was last sold for £275,000 in October 2019, which was around 21% above the average October 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

WILLMEAD Sold Prices

Land registry data shows three sales for WILLMEAD 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 WILLMEAD 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
2019 14 OCT	£275,000	£228,208	21% above HPI
2002 7 JUN	£133,000	£100,843	32% above HPI
1998 23 JAN	£68,000	£63,991	6% above HPI

WILLMEAD 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 WILLMEAD sales between January 1998 and October 2019 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 June 2002 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2019 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might WILLMEAD be worth now?

WILLMEAD might now be worth an estimated £344,945.

This is based on house price inflation of 25.4%, between October 2019 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 25.4% inflationary increase is applied to the most recent sale price for WILLMEAD of £275,000 on 14th October 2019. For the value to have increased from £275,000 to £344,945 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of WILLMEAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of WILLMEAD has not materially changed since October 2019.

How Large is WILLMEAD?

WILLMEAD is 138m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses houses in Scamblesby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scamblesby, and where WILLMEAD lies on this distribution: 53% of detached houses houses are smaller than WILLMEAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Scamblesby.

WILLMEAD: Plot and Title Map

WILLMEAD sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of WILLMEAD, 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 WILLMEAD). 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 WILLMEAD?

WILLMEAD is located on MILL LANE in SCAMBLESBY, in the LN11 postcode district. The below map shows the position of WILLMEAD on MILL LANE.