12, STUTTE CLOSE, LOUTH, LN11 8YN - £270,000

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

12 STUTTE CLOSE is a large extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £270,000 in March 2023, which was around 4% below the average March 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

12 STUTTE CLOSE Sold Prices

Land registry data shows four sales for 12 STUTTE 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. Most of the four 12 STUTTE 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
2023 23 MAR	£270,000	£282,466	4% below HPI
2021 2 SEP	£255,000	£245,698	4% above HPI
2014 24 NOV	£199,950	£177,608	13% above HPI
1999 29 JUL	£74,750	£67,601	11% above HPI

12 STUTTE 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 STUTTE CLOSE sales between July 1999 and March 2023 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 September 2021 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 12 STUTTE CLOSE?

12 STUTTE CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 12 STUTTE CLOSE lies on this distribution: 63% of detached houses are smaller than 12 STUTTE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Louth.

12 STUTTE CLOSE: Plot and Title Map

12 STUTTE CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 12 STUTTE 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 STUTTE 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 STUTTE CLOSE?

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