15, PIPPIN CLOSE, LOUTH, LN11 9FF - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 PIPPIN CLOSE is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £275,000 in April 2021, which was around 18% above the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

15 PIPPIN CLOSE Sold Prices

Land registry data shows three sales for 15 PIPPIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The three 15 PIPPIN CLOSE sales were a mix of above the average price, and roughly equal to 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
2021 14 APR	£275,000	£232,750	18% above HPI
2015 28 AUG	£185,000	£184,958	Close to HPI
2004 16 AUG	£175,000	£161,119	9% above HPI

15 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 three 15 PIPPIN CLOSE sales between August 2004 and April 2021 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 August 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 15 PIPPIN CLOSE?

15 PIPPIN CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 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 PIPPIN CLOSE lies on this distribution: 55% of detached houses are smaller than 15 PIPPIN CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Louth.

15 PIPPIN CLOSE: Plot and Title Map

15 PIPPIN CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 15 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 15 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 15 PIPPIN CLOSE?

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