12, PIPPIN CLOSE, LOUTH, LN11 9FF - £160,000

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

12 PIPPIN CLOSE is a small detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £217,562. It was last sold for £160,000 in July 2017, which was around 24% below the average July 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

12 PIPPIN CLOSE Sold Prices

Land registry data shows four sales for 12 PIPPIN CLOSE 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. two of the four 12 PIPPIN CLOSE sales were for below the average price, and four 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 14 JUL	£160,000	£209,516	24% below HPI
2011 9 DEC	£187,000	£166,895	12% above HPI
2004 13 FEB	£145,000	£149,960	3% below HPI
1999 19 MAR	£68,000	£66,152	3% above HPI

12 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 four 12 PIPPIN CLOSE sales between March 1999 and July 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 December 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 PIPPIN CLOSE be worth now?

12 PIPPIN CLOSE might now be worth an estimated £217,562.

This is based on house price inflation of 36%, between July 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 36% inflationary increase is applied to the most recent sale price for 12 PIPPIN CLOSE of £160,000 on 14th July 2017. For the value to have increased from £160,000 to £217,562 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 12 PIPPIN CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PIPPIN CLOSE has not materially changed since July 2017.

How Large is 12 PIPPIN CLOSE?

12 PIPPIN CLOSE is 99m² according to the EPC inspection conducted in November 2011. 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 12 PIPPIN CLOSE lies on this distribution: 40% of detached houses houses are smaller than 12 PIPPIN CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Louth.

12 PIPPIN CLOSE: Plot and Title Map

12 PIPPIN CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 12 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 12 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 12 PIPPIN CLOSE?

12 PIPPIN CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 12 on PIPPIN CLOSE.