NEWHAVEN, FERRY ROAD, SOUTHREY, LINCOLN, LN3 5TA - £350,000

NEWHAVEN is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £350,000 in August 2022, which was around 21% above the average August 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

NEWHAVEN Sold Prices

Land registry data shows two sales for NEWHAVEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two NEWHAVEN 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
2022 15 AUG	£350,000	£289,366	21% above HPI
2016 30 JUN	£210,000	£196,707	7% above HPI

NEWHAVEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two NEWHAVEN sales from June 2016 and August 2022 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 June 2016 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is NEWHAVEN?

NEWHAVEN is 116m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Southrey, based on EPC data. The below chart shows the distribution of detached houses by size in Southrey, and where NEWHAVEN lies on this distribution: 58% of detached houses are smaller than NEWHAVEN, and 39% of houses are larger. Note that EPC data is not available for all properties in Southrey.

NEWHAVEN: Plot and Title Map

NEWHAVEN sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of NEWHAVEN, 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 NEWHAVEN). 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 NEWHAVEN?

NEWHAVEN is located on FERRY ROAD in SOUTHREY, in the LN3 postcode district. The below map shows the position of NEWHAVEN on FERRY ROAD.