24, ERESBIE ROAD, LOUTH, LN11 8YG - £192,500

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

24 ERESBIE ROAD is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £192,500 in November 2018, which was around 12% below the average November 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

24 ERESBIE ROAD Sold Prices

Land registry data shows three sales for 24 ERESBIE ROAD 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. Two of the three 24 ERESBIE ROAD sales were for below the average price, whilst one was 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
2018 15 NOV	£192,500	£217,913	12% below HPI
2007 22 JAN	£174,500	£178,011	2% below HPI
1999 15 MAR	£71,450	£65,202	10% above HPI

24 ERESBIE ROAD 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 24 ERESBIE ROAD sales between March 1999 and November 2018 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 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 24 ERESBIE ROAD?

24 ERESBIE ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 24 ERESBIE ROAD lies on this distribution: 31% of detached houses are smaller than 24 ERESBIE ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Louth.

24 ERESBIE ROAD: Plot and Title Map

24 ERESBIE ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 24 ERESBIE ROAD, 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 24 ERESBIE ROAD). 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 24 ERESBIE ROAD?

24 ERESBIE ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 24 on ERESBIE ROAD.