15, BUDDLEIA DRIVE, LOUTH, LN11 8FX - £355,500

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

15 BUDDLEIA DRIVE is a large detached house of 135m², built in 2023, which could now be worth an estimated £373,747. It was last sold for £355,500 in June 2024, which was around 31% above the average June 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was A.

15 BUDDLEIA DRIVE Sold Prices

Land registry data shows two sales for 15 BUDDLEIA DRIVE 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. Both of the two 15 BUDDLEIA DRIVE 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
2024 21 JUN	£355,500	£270,983	31% above HPI
2023 9 MAY	£335,000	£275,442	22% above HPI

15 BUDDLEIA DRIVE 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 15 BUDDLEIA DRIVE sales from May 2023 and June 2024 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 May 2023 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2024 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 15 BUDDLEIA DRIVE be worth now?

15 BUDDLEIA DRIVE might now be worth an estimated £373,747.

This is based on house price inflation of 5.1%, between June 2024 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 5.1% inflationary increase is applied to the most recent sale price for 15 BUDDLEIA DRIVE of £355,500 on 21st June 2024. For the value to have increased from £355,500 to £373,747 over the six months to December 2024, the following assumptions must hold true:

• The value of 15 BUDDLEIA DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2024 sale price of £355,500 represented a fair market value for the property.
• The size, condition, and specification of 15 BUDDLEIA DRIVE has not materially changed since June 2024.

How Large is 15 BUDDLEIA DRIVE?

15 BUDDLEIA DRIVE is 135m² according to the EPC inspection conducted in April 2023. This puts it in the largest 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 15 BUDDLEIA DRIVE lies on this distribution: 69% of detached houses houses are smaller than 15 BUDDLEIA DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Louth.

15 BUDDLEIA DRIVE: Plot and Title Map

15 BUDDLEIA DRIVE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 15 BUDDLEIA DRIVE, 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 15 BUDDLEIA DRIVE). 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 15 BUDDLEIA DRIVE?

15 BUDDLEIA DRIVE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 15 on BUDDLEIA DRIVE.