3, FULMAR DRIVE, LOUTH, LN11 0ST - £138,000

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 FULMAR DRIVE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £138,000 in February 2011, which was around 13% below the average February 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

3 FULMAR DRIVE Sold Prices

Land registry data shows two sales for 3 FULMAR DRIVE 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 3 FULMAR 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
2011 9 FEB	£138,000	£159,181	13% below HPI
2001 24 AUG	£73,500	£83,628	12% below HPI

3 FULMAR 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 two 3 FULMAR DRIVE sales from August 2001 and February 2011 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 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 FULMAR DRIVE?

3 FULMAR DRIVE is 75m² according to the EPC inspection conducted in June 2009. 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 3 FULMAR DRIVE lies on this distribution: 14% of detached houses are smaller than 3 FULMAR DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Louth.

3 FULMAR DRIVE: Plot and Title Map

3 FULMAR DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 3 FULMAR 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 FULMAR 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 FULMAR DRIVE?

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