HOME VIEW, BANK END, NORTH SOMERCOTES, LOUTH, LN11 7LN - £230,000

HOME VIEW is a small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £230,000 in June 2021, which was around 4% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

HOME VIEW Sold Prices

Land registry data shows two sales for HOME VIEW 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 HOME VIEW 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
2021 22 JUN	£230,000	£238,466	4% below HPI
2012 5 OCT	£125,000	£160,599	22% below HPI

HOME VIEW 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 HOME VIEW sales from October 2012 and June 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 October 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is HOME VIEW?

HOME VIEW is 86m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 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 HOME VIEW lies on this distribution: 32% of detached houses are smaller than HOME VIEW, and 67% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

HOME VIEW: Plot and Title Map

HOME VIEW sits on a plot of roughly 0.208 of an acre, or 841m². The below map shows the location of HOME VIEW, 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 HOME VIEW). 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 HOME VIEW?

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