11, PIPPIN CLOSE, LOUTH, LN11 9FF - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 PIPPIN CLOSE is a small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £225,000 in April 2021, which was around 3% below the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was B.

11 PIPPIN CLOSE Sold Prices

Land registry data shows two sales for 11 PIPPIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 11 PIPPIN CLOSE sales was for below the average price, whilst the other was 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
2021 14 APR	£225,000	£232,750	3% below HPI
1995 6 NOV	£63,000	£55,148	14% above HPI

11 PIPPIN 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 two 11 PIPPIN CLOSE sales from November 1995 and April 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 November 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 11 PIPPIN CLOSE?

11 PIPPIN CLOSE is 84m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% 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 PIPPIN CLOSE lies on this distribution: 22% of detached houses are smaller than 11 PIPPIN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Louth.

11 PIPPIN CLOSE: Plot and Title Map

11 PIPPIN CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 11 PIPPIN 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 11 PIPPIN 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 11 PIPPIN CLOSE?

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