CREGNEASH, CHURCH END, NORTH SOMERCOTES, LOUTH, LN11 7PZ - £187,000

CREGNEASH is a midsized extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £187,000 in June 2019, which was around 13% below the average June 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

CREGNEASH Sold Prices

Land registry data shows four sales for CREGNEASH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four CREGNEASH 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
2019 28 JUN	£187,000	£215,341	13% below HPI
2015 27 JAN	£150,000	£174,154	14% below HPI
2001 31 JAN	£50,000	£77,428	35% below HPI
1997 7 NOV	£53,000	£60,955	13% below HPI

CREGNEASH 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 four CREGNEASH sales between November 1997 and June 2019 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 January 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is CREGNEASH?

CREGNEASH is 110m², which includes one extension, according to the EPC inspection conducted in August 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 CREGNEASH lies on this distribution: 56% of detached houses are smaller than CREGNEASH, and 44% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

CREGNEASH: Plot and Title Map

CREGNEASH sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of CREGNEASH, 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 CREGNEASH). 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 CREGNEASH?

CREGNEASH is located on CHURCH END in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of CREGNEASH on CHURCH END.