2, TICKLEPENNY DRIVE, LOUTH, LN11 7BU - £357,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 TICKLEPENNY DRIVE is a very large detached house of 175m², which could now be worth an estimated £450,743. It was last sold for £357,950 in December 2019, which was around 58% above the average December 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

2 TICKLEPENNY DRIVE Sold Prices

Land registry data shows two sales for 2 TICKLEPENNY DRIVE 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 TICKLEPENNY 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
2019 13 DEC	£357,950	£226,235	58% above HPI
2017 13 JAN	£850,000	£201,722	321% above HPI

2 TICKLEPENNY 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 two 2 TICKLEPENNY DRIVE sales from January 2017 and December 2019 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 January 2017 sale was for 321% above the HPI. So the extrapolation line tracks at 321% above the HPI over time, until the December 2019 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 2 TICKLEPENNY DRIVE be worth now?

2 TICKLEPENNY DRIVE might now be worth an estimated £450,743.

This is based on house price inflation of 25.9%, between December 2019 and March 2025, 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 25.9% inflationary increase is applied to the most recent sale price for 2 TICKLEPENNY DRIVE of £357,950 on 13th December 2019. For the value to have increased from £357,950 to £450,743 over the six years and nine months to March 2025, the following assumptions must hold true:

• The value of 2 TICKLEPENNY DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2019 sale price of £357,950 represented a fair market value for the property.
• The size, condition, and specification of 2 TICKLEPENNY DRIVE has not materially changed since December 2019.

How Large is 2 TICKLEPENNY DRIVE?

2 TICKLEPENNY DRIVE is 175m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 TICKLEPENNY DRIVE lies on this distribution: 88% of detached houses houses are smaller than 2 TICKLEPENNY DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Louth.

2 TICKLEPENNY DRIVE: Plot and Title Map

2 TICKLEPENNY DRIVE sits on a plot of roughly 0.278 of an acre, or 1,127m². The below map shows the location of 2 TICKLEPENNY 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 TICKLEPENNY 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 TICKLEPENNY DRIVE?

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