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

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.

29 UNION STREET is a very small extended detached house of 77m², built sometime before 1900, which could now be worth an estimated £213,045. It was last sold for £205,000 in May 2023, which was around 26% 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	£275,442	26% below HPI
2015 27 FEB	£108,000	£175,265	38% below HPI
2011 5 JUL	£98,000	£170,922	43% below HPI
2004 1 JUL	£135,000	£163,270	17% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 29 UNION STREET be worth now?

29 UNION STREET might now be worth an estimated £213,045.

This is based on house price inflation of 3.9%, between May 2023 and February 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 3.9% inflationary increase is applied to the most recent sale price for 29 UNION STREET of £205,000 on 19th May 2023. For the value to have increased from £205,000 to £213,045 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 29 UNION STREET has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2023 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 29 UNION STREET has not materially changed since May 2023.

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 houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where 29 UNION STREET lies on this distribution: 16% of detached houses houses are smaller than 29 UNION STREET, and 83% 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.