2, HILL RISE, LOUTH, LN11 0YY - £330,000

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

2 HILL RISE is a large detached house of 136m², built sometime between 1991 and 1995. It was last sold for £330,000 in September 2021, which was around 34% above the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

2 HILL RISE Sold Prices

Land registry data shows two sales for 2 HILL RISE 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 2 HILL RISE 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
2021 23 SEP	£330,000	£245,698	34% above HPI
2016 11 MAR	£286,000	£186,100	54% above HPI

2 HILL RISE 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 2 HILL RISE sales from March 2016 and September 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 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2021 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 2 HILL RISE?

2 HILL RISE is 136m² according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 2 HILL RISE lies on this distribution: 71% of detached houses are smaller than 2 HILL RISE, and 29% of houses are larger. Note that EPC data is not available for all properties in Louth.

2 HILL RISE: Plot and Title Map

2 HILL RISE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 2 HILL RISE, 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 2 HILL RISE). 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 2 HILL RISE?

2 HILL RISE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 2 on HILL RISE.