SILVERDALE, BANK END, NORTH SOMERCOTES, LOUTH, LN11 7LN - £135,000

SILVERDALE is a very small extended detached house of 68m², built sometime between 1983 and 1990. It was last sold for £135,000 in August 2013, which was around 18% below the average August 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

SILVERDALE Sold Prices

Land registry data shows two sales for SILVERDALE 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 SILVERDALE 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
2013 30 AUG	£135,000	£165,486	18% below HPI
2003 7 AUG	£100,000	£135,527	26% below HPI

SILVERDALE 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 SILVERDALE sales from August 2003 and August 2013 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 August 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2013 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is SILVERDALE?

SILVERDALE is 68m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% 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 SILVERDALE lies on this distribution: 8% of detached houses are smaller than SILVERDALE, and 90% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

SILVERDALE: Plot and Title Map

SILVERDALE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of SILVERDALE, 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 SILVERDALE). 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 SILVERDALE?

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