5, SOMERFIELD DRIVE, NORTH SOMERCOTES, LOUTH, LN11 7GA - £299,950

5 SOMERFIELD DRIVE is a small detached house of 82m², built sometime between 2003 and 2006. It was last sold for £299,950 in December 2021, which was around 15% above the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

5 SOMERFIELD DRIVE Sold Prices

Land registry data shows two sales for 5 SOMERFIELD DRIVE 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 5 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
2021 6 DEC	£299,950	£260,179	15% above HPI
2006 22 FEB	£177,000	£167,207	6% above HPI

5 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 two 5 SOMERFIELD DRIVE sales from February 2006 and December 2021 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 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 SOMERFIELD DRIVE?

5 SOMERFIELD DRIVE is 82m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 5 SOMERFIELD DRIVE lies on this distribution: 27% of detached houses are smaller than 5 SOMERFIELD DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

5 SOMERFIELD DRIVE: Plot and Title Map

5 SOMERFIELD DRIVE sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 5 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 5 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 5 SOMERFIELD DRIVE?

5 SOMERFIELD DRIVE is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 5 on SOMERFIELD DRIVE.