15, OLD MILL PARK, LOUTH, LN11 0NY - £165,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 OLD MILL PARK is a midsized extended semi-detached house of 108m², built sometime between 1983 and 1990. It was last sold for £165,000 in September 2017, which was around 22% below the average September 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

15 OLD MILL PARK Sold Prices

Land registry data shows four sales for 15 OLD MILL PARK 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. All of the four 15 OLD MILL PARK 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
2017 21 SEP	£165,000	£210,398	22% below HPI
2013 5 DEC	£144,000	£165,366	13% below HPI
2007 19 FEB	£160,000	£180,905	12% below HPI
2006 27 OCT	£100,000	£176,185	43% below HPI

15 OLD MILL PARK 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 15 OLD MILL PARK sales between October 2006 and September 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 OLD MILL PARK?

15 OLD MILL PARK is 108m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 15 OLD MILL PARK lies on this distribution: 46% of detached houses are smaller than 15 OLD MILL PARK, and 53% of houses are larger. Note that EPC data is not available for all properties in Louth.

15 OLD MILL PARK: Plot and Title Map

15 OLD MILL PARK sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 15 OLD MILL PARK, 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 OLD MILL PARK). 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 OLD MILL PARK?

15 OLD MILL PARK is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 15 on OLD MILL PARK.