1, HOLMES CLOSE, SALTFLEET, LOUTH, LN11 7UL - £185,000

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.

1 HOLMES CLOSE is a very small detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £224,174. It was last sold for £185,000 in February 2021, which was around 22% below the average February 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

1 HOLMES CLOSE Sold Prices

Land registry data shows four sales for 1 HOLMES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 1 HOLMES CLOSE 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
2021 8 FEB	£185,000	£236,230	22% below HPI
2015 4 JUN	£149,000	£182,782	18% below HPI
2005 7 OCT	£157,000	£178,664	12% below HPI
2000 3 NOV	£64,000	£77,338	17% below HPI

1 HOLMES 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 four 1 HOLMES CLOSE sales between November 2000 and February 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 June 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1 HOLMES CLOSE be worth now?

1 HOLMES CLOSE might now be worth an estimated £224,174.

This is based on house price inflation of 21.2%, between February 2021 and February 2025, 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 21.2% inflationary increase is applied to the most recent sale price for 1 HOLMES CLOSE of £185,000 on 8th February 2021. For the value to have increased from £185,000 to £224,174 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 HOLMES CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOLMES CLOSE has not materially changed since February 2021.

How Large is 1 HOLMES CLOSE?

1 HOLMES CLOSE is 69m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses houses in Saltfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saltfleet, and where 1 HOLMES CLOSE lies on this distribution: 6% of detached houses houses are smaller than 1 HOLMES CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Saltfleet.

1 HOLMES CLOSE: Plot and Title Map

1 HOLMES CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 1 HOLMES 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 HOLMES 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 HOLMES CLOSE?

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