NEWHOLME, FERRY ROAD, SOUTHREY, LINCOLN, LN3 5TA - £290,000

NEWHOLME is a small detached house of 94m², built sometime between 1976 and 1982. It was last sold for £290,000 in July 2022, which was around 2% above the average July 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

NEWHOLME Sold Prices

Land registry data shows two sales for NEWHOLME 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. One of the two NEWHOLME sales was for above the average price, whilst the other was 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
2022 26 JUL	£290,000	£284,146	2% above HPI
1997 13 OCT	£54,500	£69,618	22% below HPI

NEWHOLME 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 NEWHOLME sales from October 1997 and July 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 October 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is NEWHOLME?

NEWHOLME is 94m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 NEWHOLME lies on this distribution: 36% of detached houses are smaller than NEWHOLME, and 61% of houses are larger. Note that EPC data is not available for all properties in Southrey.

NEWHOLME: Plot and Title Map

NEWHOLME sits on a plot of roughly 0.168 of an acre, or 682m². The below map shows the location of NEWHOLME, 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 NEWHOLME). 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 NEWHOLME?

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