11, FULMAR DRIVE, LOUTH, LN11 0ST - £125,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 FULMAR DRIVE is a very small semi-detached house of 55m², built sometime between 1996 and 2002. It was last sold for £125,000 in April 2012, which was around 22% below the average April 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

11 FULMAR DRIVE Sold Prices

Land registry data shows four sales for 11 FULMAR DRIVE 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 11 FULMAR DRIVE 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
2012 16 APR	£125,000	£160,464	22% below HPI
2008 17 JAN	£120,000	£183,372	35% below HPI
1997 1 APR	£42,000	£58,054	28% below HPI
1996 1 AUG	£41,000	£57,797	29% below HPI

11 FULMAR DRIVE 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 11 FULMAR DRIVE sales between August 1996 and April 2012 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 January 2008 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2012 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 11 FULMAR DRIVE?

11 FULMAR DRIVE is 55m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 11 FULMAR DRIVE lies on this distribution: 2% of detached houses are smaller than 11 FULMAR DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Louth.

11 FULMAR DRIVE: Plot and Title Map

11 FULMAR DRIVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 11 FULMAR DRIVE, 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 11 FULMAR DRIVE). 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 11 FULMAR DRIVE?

11 FULMAR DRIVE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 11 on FULMAR DRIVE.