38, CHESTNUT DRIVE, LOUTH, LN11 7AX - £260,000

38 CHESTNUT DRIVE is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £260,000 in May 2021, which was around 11% above the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

38 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 38 CHESTNUT DRIVE 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. One of the two 38 CHESTNUT DRIVE 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
2021 18 MAY	£260,000	£235,278	11% above HPI
2019 15 MAR	£187,500	£226,985	17% below HPI

38 CHESTNUT DRIVE 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 38 CHESTNUT DRIVE sales from March 2019 and May 2021 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 March 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 38 CHESTNUT DRIVE?

38 CHESTNUT DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 38 CHESTNUT DRIVE lies on this distribution: 48% of detached houses are smaller than 38 CHESTNUT DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Louth.

38 CHESTNUT DRIVE: Plot and Title Map

38 CHESTNUT DRIVE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 38 CHESTNUT DRIVE, 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 38 CHESTNUT DRIVE). 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 38 CHESTNUT DRIVE?

38 CHESTNUT DRIVE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 38 on CHESTNUT DRIVE.