2, WORCESTER CLOSE, LOUTH, LN11 9FG - £148,000

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 WORCESTER CLOSE is a midsized detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £344,235. It was last sold for £148,000 in March 2003, which was around 20% above the average March 2003 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

2 WORCESTER CLOSE Sold Prices

Land registry data shows two sales for 2 WORCESTER CLOSE 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 WORCESTER CLOSE 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
2003 5 MAR	£148,000	£123,071	20% above HPI
1997 31 OCT	£71,950	£62,257	16% above HPI

2 WORCESTER CLOSE 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 WORCESTER CLOSE sales from October 1997 and March 2003 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 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2003 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 WORCESTER CLOSE be worth now?

2 WORCESTER CLOSE might now be worth an estimated £344,235.

This is based on house price inflation of 132.6%, between March 2003 and February 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 132.6% inflationary increase is applied to the most recent sale price for 2 WORCESTER CLOSE of £148,000 on 5th March 2003. For the value to have increased from £148,000 to £344,235 over the 22 years and one month to February 2025, the following assumptions must hold true:

• The value of 2 WORCESTER CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2003 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WORCESTER CLOSE has not materially changed since March 2003.

How Large is 2 WORCESTER CLOSE?

2 WORCESTER CLOSE is 107m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 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 WORCESTER CLOSE lies on this distribution: 45% of detached houses houses are smaller than 2 WORCESTER CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Louth.

2 WORCESTER CLOSE: Plot and Title Map

2 WORCESTER CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 WORCESTER CLOSE, 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 WORCESTER CLOSE). 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 WORCESTER CLOSE?

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