9, MAIN STREET, SCOTHERN, LINCOLN, LN2 2UF - £120,000

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.

9 MAIN STREET is a very small extended terraced house of 63m², built sometime before 1900, which could now be worth an estimated £146,520. It was last sold for £120,000 in October 2018, which was around 7% above the average October 2018 terraced price in the West Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

9 MAIN STREET Sold Prices

Land registry data shows three sales for 9 MAIN STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the three 9 MAIN STREET 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 29 OCT	£120,000	£111,932	7% above HPI
2002 13 NOV	£99,950	£50,851	97% above HPI
1999 14 DEC	£57,000	£33,552	70% above HPI

9 MAIN STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The three 9 MAIN STREET sales between December 1999 and October 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 November 2002 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the October 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 9 MAIN STREET be worth now?

9 MAIN STREET might now be worth an estimated £146,520.

This is based on house price inflation of 22.1%, between October 2018 and June 2025, for terraced houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.1% inflationary increase is applied to the most recent sale price for 9 MAIN STREET of £120,000 on 29th October 2018. For the value to have increased from £120,000 to £146,520 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 9 MAIN STREET has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The October 2018 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MAIN STREET has not materially changed since October 2018.

How Large is 9 MAIN STREET?

9 MAIN STREET is 63m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of terraced houses houses in Scothern, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Scothern, and where 9 MAIN STREET lies on this distribution: 1% of terraced houses houses are smaller than 9 MAIN STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Scothern.

9 MAIN STREET: Plot and Title Map

9 MAIN STREET sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 9 MAIN STREET, 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 9 MAIN STREET). 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 9 MAIN STREET?

9 MAIN STREET is located in SCOTHERN, in the LN2 postcode district. The below map shows the position of No. 9 on MAIN STREET.