3, SOMERFIELD DRIVE, NORTH SOMERCOTES, LOUTH, LN11 7GA - £230,000

3 SOMERFIELD DRIVE is a large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £230,000 in September 2018, which was around 3% above the average September 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

3 SOMERFIELD DRIVE Sold Prices

Land registry data shows three sales for 3 SOMERFIELD DRIVE 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 3 SOMERFIELD DRIVE 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
2018 21 SEP	£230,000	£222,708	3% above HPI
2008 7 MAR	£215,000	£176,636	22% above HPI
2003 11 JUL	£169,500	£136,015	25% above HPI

3 SOMERFIELD DRIVE 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 3 SOMERFIELD DRIVE sales between July 2003 and September 2018 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 2008 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 3 SOMERFIELD DRIVE?

3 SOMERFIELD DRIVE is 148m² according to the EPC inspection conducted in February 2022. This puts it in the largest 30% 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 3 SOMERFIELD DRIVE lies on this distribution: 76% of detached houses are smaller than 3 SOMERFIELD DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

3 SOMERFIELD DRIVE: Plot and Title Map

3 SOMERFIELD DRIVE sits on a plot of roughly 0.213 of an acre, or 863m². The below map shows the location of 3 SOMERFIELD DRIVE, 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 3 SOMERFIELD DRIVE). 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 3 SOMERFIELD DRIVE?

3 SOMERFIELD DRIVE is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 3 on SOMERFIELD DRIVE.