3, ABBEY PARK, LOUTH, LN11 7BB - £372,000

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

3 ABBEY PARK is a very large detached house of 233m², built sometime between 2003 and 2006. It was last sold for £372,000 in January 2021, which was around 58% above the average January 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

3 ABBEY PARK Sold Prices

Land registry data shows four sales for 3 ABBEY PARK 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 3 ABBEY PARK 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
2021 20 JAN	£372,000	£236,135	58% above HPI
2017 20 DEC	£357,750	£208,598	72% above HPI
2015 20 NOV	£290,000	£188,088	54% above HPI
2008 7 APR	£333,000	£177,207	88% above HPI

3 ABBEY PARK 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 3 ABBEY PARK sales between April 2008 and January 2021 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 December 2017 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the January 2021 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 3 ABBEY PARK?

3 ABBEY PARK is 233m² according to the EPC inspection conducted in September 2020. This puts it in the largest 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 3 ABBEY PARK lies on this distribution: 95% of detached houses are smaller than 3 ABBEY PARK, and 5% of houses are larger. Note that EPC data is not available for all properties in Louth.

3 ABBEY PARK: Plot and Title Map

3 ABBEY PARK sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 3 ABBEY PARK, 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 3 ABBEY PARK). 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 3 ABBEY PARK?

3 ABBEY PARK is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 3 on ABBEY PARK.