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

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

11 PIPPIN CLOSE is a small detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £271,451. It was last sold for £225,000 in April 2021, which was around 5% 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	£236,141	5% below HPI
1995 6 NOV	£63,000	£55,952	13% 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 11 PIPPIN CLOSE be worth now?

11 PIPPIN CLOSE might now be worth an estimated £271,451.

This is based on house price inflation of 20.6%, between April 2021 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 20.6% inflationary increase is applied to the most recent sale price for 11 PIPPIN CLOSE of £225,000 on 14th April 2021. For the value to have increased from £225,000 to £271,451 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 11 PIPPIN CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PIPPIN CLOSE has not materially changed since April 2021.

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 houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where 11 PIPPIN CLOSE lies on this distribution: 22% of detached houses 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.