8, WOOLPACK MEADOWS, NORTH SOMERCOTES, LOUTH, LN11 7QG - £166,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WOOLPACK MEADOWS is a midsized detached house of 105m², built sometime between 2003 and 2006, which could now be worth an estimated £242,104. It was last sold for £166,000 in March 2016, which was around 12% below the average March 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

8 WOOLPACK MEADOWS Sold Prices

Land registry data shows one sale for 8 WOOLPACK MEADOWS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 31 MAR	£166,000	£188,811	12% below HPI

What might 8 WOOLPACK MEADOWS be worth now?

8 WOOLPACK MEADOWS might now be worth an estimated £242,104.

This is based on house price inflation of 45.8%, between March 2016 and May 2026, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.8% inflationary increase is applied to the most recent sale price for 8 WOOLPACK MEADOWS of £166,000 on 31st March 2016. For the value to have increased from £166,000 to £242,104 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 WOOLPACK MEADOWS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2016 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WOOLPACK MEADOWS has not materially changed since March 2016.

How Large is 8 WOOLPACK MEADOWS?

8 WOOLPACK MEADOWS is 105m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% 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 8 WOOLPACK MEADOWS lies on this distribution: 48% of detached houses are smaller than 8 WOOLPACK MEADOWS, and 52% of detached houses are larger. Note that EPC data is not available for all properties in North Somercotes.

8 WOOLPACK MEADOWS: Plot

8 WOOLPACK MEADOWS sits on a plot of roughly 0.100 of an acre, or 404m².

Where is 8 WOOLPACK MEADOWS?

8 WOOLPACK MEADOWS is located in NORTH SOMERCOTES, in the LN11 postcode district.