3, PIPPIN CLOSE, LOUTH, LN11 9FF - £340,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 PIPPIN CLOSE is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £340,000 in October 2024, which was around 21% above the average October 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was C.

3 PIPPIN CLOSE Sold Prices

Land registry data shows five sales for 3 PIPPIN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five 3 PIPPIN CLOSE 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
2024 16 OCT	£340,000	£280,135	21% above HPI
2014 20 AUG	£100,235	£174,797	43% below HPI
2013 15 FEB	£193,000	£157,348	23% above HPI
2006 29 SEP	£210,000	£176,340	19% above HPI
1997 29 AUG	£79,950	£61,297	30% above HPI

3 PIPPIN CLOSE 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 five 3 PIPPIN CLOSE sales between August 1997 and October 2024 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2024 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 3 PIPPIN CLOSE?

3 PIPPIN CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 50% 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 PIPPIN CLOSE lies on this distribution: 54% of detached houses are smaller than 3 PIPPIN CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Louth.

3 PIPPIN CLOSE: Plot and Title Map

3 PIPPIN CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 3 PIPPIN CLOSE, 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 PIPPIN CLOSE). 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 PIPPIN CLOSE?

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