2, RUSSET DRIVE, LOUTH, LN11 9FD - £202,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 RUSSET DRIVE is a midsized extended detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £343,452. It was last sold for £202,500 in November 2010, which was around 21% above the average November 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

2 RUSSET DRIVE Sold Prices

Land registry data shows three sales for 2 RUSSET DRIVE 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. All of the three 2 RUSSET DRIVE 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
2010 17 NOV	£202,500	£167,973	21% above HPI
1999 18 OCT	£85,000	£68,759	24% above HPI
1996 13 DEC	£89,000	£59,037	51% above HPI

2 RUSSET DRIVE 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 RUSSET DRIVE sales between December 1996 and November 2010 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 October 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2010 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 2 RUSSET DRIVE be worth now?

2 RUSSET DRIVE might now be worth an estimated £343,452.

This is based on house price inflation of 69.6%, between November 2010 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.6% inflationary increase is applied to the most recent sale price for 2 RUSSET DRIVE of £202,500 on 17th November 2010. For the value to have increased from £202,500 to £343,452 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 RUSSET DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2010 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 2 RUSSET DRIVE has not materially changed since November 2010.

How Large is 2 RUSSET DRIVE?

2 RUSSET DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 50% of detached houses houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where 2 RUSSET DRIVE lies on this distribution: 54% of detached houses houses are smaller than 2 RUSSET DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Louth.

2 RUSSET DRIVE: Plot and Title Map

2 RUSSET DRIVE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 RUSSET DRIVE, 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 RUSSET DRIVE). 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 RUSSET DRIVE?

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