180B, EASTGATE, LOUTH, LN11 9AG - £94,000

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

180B EASTGATE is a very small detached house of 44m², built sometime between 1983 and 1990. It was last sold for £94,000 in May 2021, which was around 60% below the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

180B EASTGATE Sold Prices

Land registry data shows two sales for 180B EASTGATE 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 180B EASTGATE 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 7 MAY	£94,000	£235,278	60% below HPI
2015 2 JUL	£94,000	£181,933	48% below HPI

180B EASTGATE 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 180B EASTGATE sales from July 2015 and May 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 July 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2021 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 180B EASTGATE?

180B EASTGATE is 44m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 180B EASTGATE lies on this distribution: 1% of detached houses are smaller than 180B EASTGATE, and 99% of houses are larger. Note that EPC data is not available for all properties in Louth.

180B EASTGATE: Plot and Title Map

180B EASTGATE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 180B EASTGATE, 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 180B EASTGATE). 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 180B EASTGATE?

180B EASTGATE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 180B on EASTGATE.