2, OLD MILL PARK, LOUTH, LN11 0NY - £155,000

2 OLD MILL PARK is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £155,000 in December 2020, which was around 34% below the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

2 OLD MILL PARK Sold Prices

Land registry data shows three sales for 2 OLD MILL PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 2 OLD MILL PARK sales were for below the average price, whilst one was 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 21 DEC	£155,000	£233,083	34% below HPI
2001 20 JUN	£73,950	£82,504	10% below HPI
1998 22 MAY	£64,000	£60,945	5% above HPI

2 OLD MILL PARK 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 three 2 OLD MILL PARK sales between May 1998 and December 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 June 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 OLD MILL PARK?

2 OLD MILL PARK is 106m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% 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 OLD MILL PARK lies on this distribution: 45% of detached houses are smaller than 2 OLD MILL PARK, and 55% of houses are larger. Note that EPC data is not available for all properties in Louth.

2 OLD MILL PARK: Plot and Title Map

2 OLD MILL PARK sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 2 OLD MILL PARK, 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 OLD MILL PARK). 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 OLD MILL PARK?

2 OLD MILL PARK is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 2 on OLD MILL PARK.