20, WATTS LANE, LOUTH, LN11 9DG - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

20 WATTS LANE is a very large detached house of 217m², built sometime between 1983 and 1990. It was last sold for £395,000 in December 2021, which was around 52% above the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

20 WATTS LANE Sold Prices

Land registry data shows three sales for 20 WATTS LANE 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 20 WATTS LANE 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 16 DEC	£395,000	£260,179	52% above HPI
2019 28 JUN	£300,000	£215,341	39% above HPI
2006 6 APR	£261,000	£174,566	50% above HPI

20 WATTS LANE 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 20 WATTS LANE sales between April 2006 and December 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 June 2019 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2021 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 20 WATTS LANE?

20 WATTS LANE is 217m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 20 WATTS LANE lies on this distribution: 94% of detached houses are smaller than 20 WATTS LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Louth.

20 WATTS LANE: Plot and Title Map

20 WATTS LANE sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of 20 WATTS LANE, 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 WATTS LANE). 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 WATTS LANE?

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