26, GOSPELGATE, LOUTH, LN11 9JX - £104,165

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.

26 GOSPELGATE is a small detached house of 85m², built sometime before 1900, which could now be worth an estimated £125,486. It was last sold for £104,165 in December 2020, which was around 56% below the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was E.

26 GOSPELGATE Sold Prices

Land registry data shows four sales for 26 GOSPELGATE 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 26 GOSPELGATE 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 4 DEC	£104,165	£236,479	56% below HPI
2011 6 OCT	£123,500	£168,059	27% below HPI
2001 31 OCT	£88,500	£90,279	2% below HPI
1997 31 JAN	£52,500	£57,606	9% below HPI

26 GOSPELGATE 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 26 GOSPELGATE sales between January 1997 and December 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 October 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 26 GOSPELGATE be worth now?

26 GOSPELGATE might now be worth an estimated £125,486.

This is based on house price inflation of 20.5%, between December 2020 and March 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 20.5% inflationary increase is applied to the most recent sale price for 26 GOSPELGATE of £104,165 on 4th December 2020. For the value to have increased from £104,165 to £125,486 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of 26 GOSPELGATE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2020 sale price of £104,165 represented a fair market value for the property.
• The size, condition, and specification of 26 GOSPELGATE has not materially changed since December 2020.

How Large is 26 GOSPELGATE?

26 GOSPELGATE is 85m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% 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 26 GOSPELGATE lies on this distribution: 24% of detached houses houses are smaller than 26 GOSPELGATE, and 76% of houses are larger. Note that EPC data is not available for all properties in Louth.

26 GOSPELGATE: Plot and Title Map

26 GOSPELGATE sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 26 GOSPELGATE, 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 26 GOSPELGATE). 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 26 GOSPELGATE?

26 GOSPELGATE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 26 on GOSPELGATE.