3, PIPPIN CLOSE, LOUTH, LN11 9FF - £100,235

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 PIPPIN CLOSE is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £100,235 in August 2014, which was around 43% below the average August 2014 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 four sales for 3 PIPPIN CLOSE 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. Most of the four 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
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 four 3 PIPPIN CLOSE sales between August 1997 and August 2014 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 2013 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below 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.