SNAEFELL HOUSE, BROWNS LANE, NORTH SOMERCOTES, LOUTH, LN11 7RD - £169,950

SNAEFELL HOUSE is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £169,950 in July 2019, which was around 22% below the average July 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

SNAEFELL HOUSE Sold Prices

Land registry data shows four sales for SNAEFELL HOUSE 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. Most of the four SNAEFELL HOUSE 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 26 JUL	£169,950	£216,879	22% below HPI
2001 18 MAY	£83,000	£80,622	3% above HPI
2000 11 FEB	£62,000	£73,393	16% below HPI
1996 30 JUL	£40,000	£56,877	30% below HPI

SNAEFELL HOUSE 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 SNAEFELL HOUSE sales between July 1996 and July 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 May 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is SNAEFELL HOUSE?

SNAEFELL HOUSE is 85m² according to the EPC inspection conducted in May 2019. 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 SNAEFELL HOUSE lies on this distribution: 31% of detached houses are smaller than SNAEFELL HOUSE, and 68% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

SNAEFELL HOUSE: Plot and Title Map

SNAEFELL HOUSE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of SNAEFELL HOUSE, 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 SNAEFELL HOUSE). 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 SNAEFELL HOUSE?

SNAEFELL HOUSE is located on BROWNS LANE in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of SNAEFELL HOUSE on BROWNS LANE.