THE SHIELING, INGS LANE, BELCHFORD, HORNCASTLE, LN9 6LP - £384,000

THE SHIELING is a very small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £384,000 in October 2015, which was around 102% above the average October 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

THE SHIELING Sold Prices

Land registry data shows three sales for THE SHIELING since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three THE SHIELING 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
2015 15 OCT	£384,000	£189,759	102% above HPI
2012 28 NOV	£350,000	£157,343	122% above HPI
2002 22 FEB	£153,000	£93,882	63% above HPI

THE SHIELING 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 three THE SHIELING sales between February 2002 and October 2015 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 November 2012 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the October 2015 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is THE SHIELING?

THE SHIELING is 99m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Belchford, based on EPC data. The below chart shows the distribution of detached houses by size in Belchford, and where THE SHIELING lies on this distribution: 18% of detached houses are smaller than THE SHIELING, and 82% of houses are larger. Note that EPC data is not available for all properties in Belchford.

THE SHIELING: Plot and Title Map

THE SHIELING sits on a plot of roughly 0.516 of an acre, or 2,088m². The below map shows the location of THE SHIELING, 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 THE SHIELING). 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 THE SHIELING?

THE SHIELING is located on INGS LANE in BELCHFORD, in the LN9 postcode district. The below map shows the position of THE SHIELING on INGS LANE.