1, WORCESTER CLOSE, LOUTH, LN11 9FG - £325,000

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 WORCESTER CLOSE is a large detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £341,949. It was last sold for £325,000 in August 2024, which was around 19% above the average August 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

1 WORCESTER CLOSE Sold Prices

Land registry data shows five sales for 1 WORCESTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 1 WORCESTER CLOSE sales 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
2024 14 AUG	£325,000	£272,064	19% above HPI
2007 19 OCT	£225,000	£190,812	18% above HPI
2003 17 APR	£187,500	£125,285	50% above HPI
2001 5 JAN	£112,500	£78,556	43% above HPI
1999 19 JUL	£98,500	£68,586	44% above HPI

1 WORCESTER 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 five 1 WORCESTER CLOSE sales between July 1999 and August 2024 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 October 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2024 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 1 WORCESTER CLOSE be worth now?

1 WORCESTER CLOSE might now be worth an estimated £341,949.

This is based on house price inflation of 5.2%, between August 2024 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 5.2% inflationary increase is applied to the most recent sale price for 1 WORCESTER CLOSE of £325,000 on 14th August 2024. For the value to have increased from £325,000 to £341,949 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 1 WORCESTER CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WORCESTER CLOSE has not materially changed since August 2024.

How Large is 1 WORCESTER CLOSE?

1 WORCESTER CLOSE is 126m² according to the EPC inspection conducted in January 2024. This puts it in the largest 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 WORCESTER CLOSE lies on this distribution: 61% of detached houses houses are smaller than 1 WORCESTER CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Louth.

1 WORCESTER CLOSE: Plot and Title Map

1 WORCESTER CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 1 WORCESTER 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 WORCESTER 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 WORCESTER CLOSE?

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