28, PRIORY CLOSE, LOUTH, LN11 9AS - £205,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 PRIORY CLOSE is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £205,000 in December 2023, which was around 25% below the average December 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

28 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 28 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 28 PRIORY CLOSE 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
2023 19 DEC	£205,000	£274,269	25% below HPI
2002 19 APR	£79,500	£97,792	19% below HPI

28 PRIORY CLOSE 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 two 28 PRIORY CLOSE sales from April 2002 and December 2023 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 April 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 28 PRIORY CLOSE?

28 PRIORY CLOSE is 55m² according to the EPC inspection conducted in August 2023. 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 28 PRIORY CLOSE lies on this distribution: 2% of detached houses are smaller than 28 PRIORY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Louth.

28 PRIORY CLOSE: Plot and Title Map

28 PRIORY CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 28 PRIORY CLOSE, 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 PRIORY CLOSE). 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 28 PRIORY CLOSE?

28 PRIORY CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 28 on PRIORY CLOSE.