18, ALBANY ROAD, LOUTH, LN11 8ET - £220,000

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

18 ALBANY ROAD is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £220,000 in October 2021, which was around 13% below the average October 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

18 ALBANY ROAD Sold Prices

Land registry data shows two sales for 18 ALBANY ROAD 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 18 ALBANY ROAD 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
2021 11 OCT	£220,000	£251,466	13% below HPI
2016 24 MAR	£149,000	£186,100	20% below HPI

18 ALBANY ROAD 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 18 ALBANY ROAD sales from March 2016 and October 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 March 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 18 ALBANY ROAD?

18 ALBANY ROAD is 76m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 18 ALBANY ROAD lies on this distribution: 14% of detached houses are smaller than 18 ALBANY ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Louth.

18 ALBANY ROAD: Plot and Title Map

18 ALBANY ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 18 ALBANY ROAD, 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 18 ALBANY ROAD). 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 18 ALBANY ROAD?

18 ALBANY ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 18 on ALBANY ROAD.