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
28 ALBANY ROAD is a very large extended detached house of 171m², built sometime between 1983 and 1990. It was last sold for £285,000 in January 2016, which was around 51% above the average January 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 28 ALBANY ROAD since 1st 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 28 ALBANY ROAD 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 |
---|---|---|---|
2016 29 JAN | £285,000 | £189,015 | 51% above HPI |
2007 28 MAR | £275,000 | £183,016 | 50% above HPI |
2002 2 APR | £148,000 | £97,792 | 51% above HPI |
1998 6 APR | £93,000 | £60,367 | 54% above HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 28 ALBANY ROAD sales between April 1998 and January 2016 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 2007 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the January 2016 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.
28 ALBANY ROAD is 171m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 28 ALBANY ROAD lies on this distribution: 86% of detached houses are smaller than 28 ALBANY ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Louth.
28 ALBANY ROAD sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 28 ALBANY 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 28 ALBANY 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.
28 ALBANY ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 28 on ALBANY ROAD.