21, UNION STREET, LOUTH, LN11 0ES - £125,000

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

21 UNION STREET is a very small extended detached house of 58m², built sometime before 1900. It was last sold for £125,000 in October 2020, which was around 44% below the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

21 UNION STREET Sold Prices

Land registry data shows three sales for 21 UNION STREET 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 21 UNION STREET sales were for below 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
2020 9 OCT	£125,000	£223,136	44% below HPI
2005 16 SEP	£97,500	£173,416	44% below HPI
1996 28 JUN	£40,350	£55,828	28% below HPI

21 UNION STREET 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 21 UNION STREET sales between June 1996 and October 2020 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 September 2005 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2020 sale, which was also at 44% below the HPI.

How Large is 21 UNION STREET?

21 UNION STREET is 58m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 21 UNION STREET lies on this distribution: 3% of detached houses are smaller than 21 UNION STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Louth.

21 UNION STREET: Plot and Title Map

21 UNION STREET sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of 21 UNION STREET, 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 21 UNION STREET). 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 21 UNION STREET?

21 UNION STREET is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 21 on UNION STREET.