1, SIMONS CLOSE, LOUTH, LN11 8XJ - £195,000

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 SIMONS CLOSE is a small detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £261,668. It was last sold for £195,000 in October 2017, which was around 8% below the average October 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

1 SIMONS CLOSE Sold Prices

Land registry data shows three sales for 1 SIMONS CLOSE 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. One of the three 1 SIMONS CLOSE sales was for below the average price, whilst two were for above 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
2017 5 OCT	£195,000	£212,307	8% below HPI
1999 17 NOV	£76,950	£70,347	9% above HPI
1995 18 DEC	£63,000	£57,584	9% above HPI

1 SIMONS 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 three 1 SIMONS CLOSE sales between December 1995 and October 2017 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 November 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 SIMONS CLOSE be worth now?

1 SIMONS CLOSE might now be worth an estimated £261,668.

This is based on house price inflation of 34.2%, between October 2017 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 34.2% inflationary increase is applied to the most recent sale price for 1 SIMONS CLOSE of £195,000 on 5th October 2017. For the value to have increased from £195,000 to £261,668 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 SIMONS CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SIMONS CLOSE has not materially changed since October 2017.

How Large is 1 SIMONS CLOSE?

1 SIMONS CLOSE is 93m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% 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 SIMONS CLOSE lies on this distribution: 31% of detached houses houses are smaller than 1 SIMONS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Louth.

1 SIMONS CLOSE: Plot and Title Map

1 SIMONS CLOSE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 1 SIMONS 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 SIMONS 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 SIMONS CLOSE?

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