1, MILLGOOD CLOSE, LOUTH, LN11 9DZ - £330,000

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 MILLGOOD CLOSE is a large extended detached house of 145m², built sometime between 1976 and 1982. It was last sold for £330,000 in November 2022, which was around 15% above the average November 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

1 MILLGOOD CLOSE Sold Prices

Land registry data shows four sales for 1 MILLGOOD 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. two of the four 1 MILLGOOD CLOSE sales were for above the average price, and four 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
2022 7 NOV	£330,000	£286,696	15% above HPI
2014 28 MAR	£200,000	£171,538	17% above HPI
2001 2 NOV	£81,000	£90,811	11% below HPI
1997 5 NOV	£59,000	£61,843	5% below HPI

1 MILLGOOD 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 MILLGOOD CLOSE sales between November 1997 and November 2022 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 2014 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 1 MILLGOOD CLOSE be worth now?

1 MILLGOOD CLOSE might now be worth an estimated £327,924.

This is based on house price deflation of 0.6%, between November 2022 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 0.6% deflationary decrease is applied to the most recent sale price for 1 MILLGOOD CLOSE of £330,000 on 7th November 2022. For the value to have decreased from £330,000 to £327,924 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 MILLGOOD CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILLGOOD CLOSE has not materially changed since November 2022.

How Large is 1 MILLGOOD CLOSE?

1 MILLGOOD CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 30% 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 MILLGOOD CLOSE lies on this distribution: 77% of detached houses houses are smaller than 1 MILLGOOD CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Louth.

1 MILLGOOD CLOSE: Plot and Title Map

1 MILLGOOD CLOSE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 1 MILLGOOD 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 MILLGOOD 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 MILLGOOD CLOSE?

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