1, FERN CLOSE, LOUTH, LN11 0WH - £248,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 FERN CLOSE is a very large detached house of 154m², built sometime between 2003 and 2006. It was last sold for £248,000 in September 2011, which was around 45% above the average September 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

1 FERN CLOSE Sold Prices

Land registry data shows two sales for 1 FERN CLOSE 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 1 FERN CLOSE 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
2011 6 SEP	£248,000	£171,097	45% above HPI
2004 2 JUL	£100,000	£163,270	39% below HPI

1 FERN CLOSE 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 1 FERN CLOSE sales from July 2004 and September 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 July 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2011 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 1 FERN CLOSE be worth now?

1 FERN CLOSE might now be worth an estimated £412,942.

This is based on house price inflation of 66.5%, between September 2011 and December 2024, 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 66.5% inflationary increase is applied to the most recent sale price for 1 FERN CLOSE of £248,000 on 6th September 2011. For the value to have increased from £248,000 to £412,942 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 FERN CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2011 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FERN CLOSE has not materially changed since September 2011.

How Large is 1 FERN CLOSE?

1 FERN CLOSE is 154m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where 1 FERN CLOSE lies on this distribution: 80% of detached houses houses are smaller than 1 FERN CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Louth.

1 FERN CLOSE: Plot and Title Map

1 FERN CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 1 FERN CLOSE, 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 FERN CLOSE). 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 FERN CLOSE?

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