20, PIPPIN CLOSE, LOUTH, LN11 9FF - £302,000

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.

20 PIPPIN CLOSE is a very large extended detached house of 167m², built sometime between 1996 and 2002, which could now be worth an estimated £365,949. It was last sold for £302,000 in February 2021, which was around 28% above the average February 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

20 PIPPIN CLOSE Sold Prices

Land registry data shows four sales for 20 PIPPIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 20 PIPPIN 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
2021 19 FEB	£302,000	£236,230	28% above HPI
2014 14 MAR	£190,000	£171,538	11% above HPI
2005 17 JUN	£175,000	£171,121	2% above HPI
1999 9 SEP	£76,000	£69,473	9% above HPI

20 PIPPIN 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 four 20 PIPPIN CLOSE sales between September 1999 and February 2021 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 March 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 20 PIPPIN CLOSE be worth now?

20 PIPPIN CLOSE might now be worth an estimated £365,949.

This is based on house price inflation of 21.2%, between February 2021 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 21.2% inflationary increase is applied to the most recent sale price for 20 PIPPIN CLOSE of £302,000 on 19th February 2021. For the value to have increased from £302,000 to £365,949 over the four years to February 2025, the following assumptions must hold true:

• The value of 20 PIPPIN CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2021 sale price of £302,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PIPPIN CLOSE has not materially changed since February 2021.

How Large is 20 PIPPIN CLOSE?

20 PIPPIN CLOSE is 167m², which includes two extensions, according to the EPC inspection conducted in July 2020. 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 20 PIPPIN CLOSE lies on this distribution: 85% of detached houses houses are smaller than 20 PIPPIN CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Louth.

20 PIPPIN CLOSE: Plot and Title Map

20 PIPPIN CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 20 PIPPIN 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 20 PIPPIN 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 20 PIPPIN CLOSE?

20 PIPPIN CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 20 on PIPPIN CLOSE.