1, SANDY LANE, NORTH SOMERCOTES, LOUTH, LN11 7QP - £145,000

1 SANDY LANE is a midsized detached house of 102m², built sometime between 1900 and 1929. It was last sold for £145,000 in May 2014, which was around 16% below the average May 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

1 SANDY LANE Sold Prices

Land registry data shows three sales for 1 SANDY LANE 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 1 SANDY LANE 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 1 MAY	£145,000	£172,441	16% below HPI
2003 28 MAR	£98,000	£121,304	19% below HPI
1995 3 JUL	£40,000	£54,259	26% below HPI

1 SANDY LANE 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 1 SANDY LANE sales between July 1995 and May 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 March 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 SANDY LANE?

1 SANDY LANE is 102m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in North Somercotes, and where 1 SANDY LANE lies on this distribution: 50% of detached houses are smaller than 1 SANDY LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

1 SANDY LANE: Plot and Title Map

1 SANDY LANE sits on a plot of roughly 0.173 of an acre, or 698m². The below map shows the location of 1 SANDY LANE, 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 1 SANDY LANE). 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 1 SANDY LANE?

1 SANDY LANE is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 1 on SANDY LANE.