2, LAVENDER WAY, LOUTH, LN11 8FN - £344,950

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

2 LAVENDER WAY is a very large detached house of 174m². It was last sold for £344,950 in October 2020, which was around 55% above the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

2 LAVENDER WAY Sold Prices

Land registry data shows two sales for 2 LAVENDER WAY 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 LAVENDER WAY 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
2020 2 OCT	£344,950	£223,136	55% above HPI
2018 17 DEC	£1,108,096	£216,134	413% above HPI

2 LAVENDER WAY 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 LAVENDER WAY sales from December 2018 and October 2020 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 December 2018 sale was for 413% above the HPI. So the extrapolation line tracks at 413% above the HPI over time, until the October 2020 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 2 LAVENDER WAY?

2 LAVENDER WAY is 174m² according to the EPC inspection conducted in August 2019. This puts it in the largest 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 2 LAVENDER WAY lies on this distribution: 88% of detached houses are smaller than 2 LAVENDER WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Louth.

2 LAVENDER WAY: Plot and Title Map

2 LAVENDER WAY sits on a plot of roughly 4.6 acres, or 18,474m². The below map shows the location of 2 LAVENDER WAY, 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 LAVENDER WAY). 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 LAVENDER WAY?

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