BRACKEN WOOD, BANK END, NORTH SOMERCOTES, LOUTH, LN11 7LN - £270,000

BRACKEN WOOD is a large detached house of 133m², built sometime between 1983 and 1990. It was last sold for £270,000 in January 2021, which was around 14% above the average January 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was A.

BRACKEN WOOD Sold Prices

Land registry data shows two sales for BRACKEN WOOD 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 BRACKEN WOOD 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 12 JAN	£270,000	£236,135	14% above HPI
2003 30 SEP	£178,000	£133,978	33% above HPI

BRACKEN WOOD 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 BRACKEN WOOD sales from September 2003 and January 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 September 2003 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the January 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is BRACKEN WOOD?

BRACKEN WOOD is 133m² according to the EPC inspection conducted in January 2023. This puts it in the largest 40% 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 BRACKEN WOOD lies on this distribution: 69% of detached houses are smaller than BRACKEN WOOD, and 31% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

BRACKEN WOOD: Plot and Title Map

BRACKEN WOOD sits on a plot of roughly 0.274 of an acre, or 1,108m². The below map shows the location of BRACKEN WOOD, 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 BRACKEN WOOD). 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 BRACKEN WOOD?

BRACKEN WOOD is located on BANK END in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of BRACKEN WOOD on BANK END.