WOLDS HOUSE, MILL LANE, SCAMBLESBY, LOUTH, LN11 9XP - £440,000

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.

WOLDS HOUSE is a very large detached house of 188m², which could now be worth an estimated £576,492. It was last sold for £440,000 in June 2019, which was around 101% above the average June 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

WOLDS HOUSE Sold Prices

Land registry data shows two sales for WOLDS HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two WOLDS 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
2019 21 JUN	£440,000	£218,478	101% above HPI
2018 9 FEB	£226,000	£211,608	7% above HPI

WOLDS 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 two WOLDS HOUSE sales from February 2018 and June 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 February 2018 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2019 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might WOLDS HOUSE be worth now?

WOLDS HOUSE might now be worth an estimated £576,492.

This is based on house price inflation of 31%, between June 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 31% inflationary increase is applied to the most recent sale price for WOLDS HOUSE of £440,000 on 21st June 2019. For the value to have increased from £440,000 to £576,492 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of WOLDS HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2019 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of WOLDS HOUSE has not materially changed since June 2019.

How Large is WOLDS HOUSE?

WOLDS HOUSE is 188m² according to the EPC inspection conducted in June 2019. This puts it in the largest 10% 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 WOLDS HOUSE lies on this distribution: 92% of detached houses houses are smaller than WOLDS HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Scamblesby.

WOLDS HOUSE: Plot and Title Map

WOLDS HOUSE sits on a plot of roughly 0.295 of an acre, or 1,195m². The below map shows the location of WOLDS 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 WOLDS 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 WOLDS HOUSE?

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