1, ELM DRIVE, LOUTH, LN11 0DG - £162,000

1 ELM DRIVE is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £162,000 in May 2011, which was around 2% below the average May 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

1 ELM DRIVE Sold Prices

Land registry data shows three sales for 1 ELM DRIVE 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 1 ELM DRIVE 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
2011 9 MAY	£162,000	£165,374	2% below HPI
2001 10 AUG	£68,950	£83,628	18% below HPI
1997 24 OCT	£52,500	£61,363	14% below HPI

1 ELM 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 three 1 ELM DRIVE sales between October 1997 and May 2011 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 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2011 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 ELM DRIVE?

1 ELM DRIVE is 60m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 1 ELM DRIVE lies on this distribution: 4% of detached houses are smaller than 1 ELM DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Louth.

1 ELM DRIVE: Plot and Title Map

1 ELM DRIVE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 1 ELM 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 1 ELM 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 1 ELM DRIVE?

1 ELM DRIVE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 1 on ELM DRIVE.