29, UNION STREET, LOUTH, LN11 0ES - £205,000

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

29 UNION STREET is a very small extended detached house of 77m², built sometime before 1900. It was last sold for £205,000 in May 2023, which was around 24% below the average May 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

29 UNION STREET Sold Prices

Land registry data shows four sales for 29 UNION STREET 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 29 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
2023 19 MAY	£205,000	£271,486	24% below HPI
2015 27 FEB	£108,000	£172,748	37% below HPI
2011 5 JUL	£98,000	£168,467	42% below HPI
2004 1 JUL	£135,000	£160,925	16% below HPI

29 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 four 29 UNION STREET sales between July 2004 and May 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 February 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 29 UNION STREET?

29 UNION STREET is 77m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 29 UNION STREET lies on this distribution: 16% of detached houses are smaller than 29 UNION STREET, and 84% of houses are larger. Note that EPC data is not available for all properties in Louth.

29 UNION STREET: Plot and Title Map

29 UNION STREET sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 29 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 29 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 29 UNION STREET?

29 UNION STREET is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 29 on UNION STREET.