13, WESTGATE, LOUTH, LN11 9YJ - £180,000

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

13 WESTGATE is a very small semi-detached house of 68m², built sometime between 1950 and 1966. It was last sold for £180,000 in May 2020, which was around 18% below the average May 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

13 WESTGATE Sold Prices

Land registry data shows five sales for 13 WESTGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 13 WESTGATE 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
2020 12 MAY	£180,000	£218,298	18% below HPI
2012 12 SEP	£125,000	£163,183	23% below HPI
2007 17 AUG	£141,000	£192,296	27% below HPI
2002 30 APR	£75,000	£97,792	23% below HPI
1999 29 JAN	£58,000	£67,519	14% below HPI

13 WESTGATE 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 five 13 WESTGATE sales between January 1999 and May 2020 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 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 13 WESTGATE?

13 WESTGATE is 68m² according to the EPC inspection conducted in June 2018. 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 13 WESTGATE lies on this distribution: 8% of detached houses are smaller than 13 WESTGATE, and 91% of houses are larger. Note that EPC data is not available for all properties in Louth.

13 WESTGATE: Plot and Title Map

13 WESTGATE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 13 WESTGATE, 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 13 WESTGATE). 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 13 WESTGATE?

13 WESTGATE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 13 on WESTGATE.