3, ALEXANDER DRIVE, LOUTH, LN11 8QG - £189,950

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 ALEXANDER DRIVE is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £189,950 in September 2023, which was around 33% below the average September 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

3 ALEXANDER DRIVE Sold Prices

Land registry data shows six sales for 3 ALEXANDER DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the six 3 ALEXANDER DRIVE 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 18 SEP	£189,950	£282,975	33% below HPI
2014 21 AUG	£137,500	£174,797	21% below HPI
2006 30 MAY	£128,000	£179,287	29% below HPI
2003 17 APR	£86,500	£123,486	30% below HPI
2001 27 MAR	£58,000	£75,801	23% below HPI
1997 10 OCT	£48,000	£61,363	22% below HPI

3 ALEXANDER DRIVE 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 six 3 ALEXANDER DRIVE sales between October 1997 and September 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 August 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 ALEXANDER DRIVE?

3 ALEXANDER DRIVE is 54m² according to the EPC inspection conducted in January 2014. 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 3 ALEXANDER DRIVE lies on this distribution: 2% of detached houses are smaller than 3 ALEXANDER DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Louth.

3 ALEXANDER DRIVE: Plot and Title Map

3 ALEXANDER DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 3 ALEXANDER DRIVE, 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 ALEXANDER DRIVE). 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 ALEXANDER DRIVE?

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