16, CEDAR CLOSE, LOUTH, LN11 0EH - £107,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 CEDAR CLOSE is a very small semi-detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £212,232. It was last sold for £107,000 in February 2004, which was around 10% above the average February 2004 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

16 CEDAR CLOSE Sold Prices

Land registry data shows three sales for 16 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 16 CEDAR 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
2004 26 FEB	£107,000	£97,275	10% above HPI
2002 20 MAR	£69,000	£59,299	16% above HPI
2000 28 DEC	£59,950	£48,520	24% above HPI

16 CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 16 CEDAR CLOSE sales between December 2000 and February 2004 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 March 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2004 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 16 CEDAR CLOSE be worth now?

16 CEDAR CLOSE might now be worth an estimated £212,232.

This is based on house price inflation of 98.3%, between February 2004 and February 2025, for semi-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 98.3% inflationary increase is applied to the most recent sale price for 16 CEDAR CLOSE of £107,000 on 26th February 2004. For the value to have increased from £107,000 to £212,232 over the 21 years to February 2025, the following assumptions must hold true:

• The value of 16 CEDAR CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The February 2004 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CEDAR CLOSE has not materially changed since February 2004.

How Large is 16 CEDAR CLOSE?

16 CEDAR CLOSE is 59m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of semi-detached houses houses in Louth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Louth, and where 16 CEDAR CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 16 CEDAR CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Louth.

16 CEDAR CLOSE: Plot and Title Map

16 CEDAR CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 16 CEDAR 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 16 CEDAR 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 16 CEDAR CLOSE?

16 CEDAR CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 16 on CEDAR CLOSE.