3, ROOKERY CLOSE, LOUTH, LN11 0GF - £155,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ROOKERY CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £246,021. It was last sold for £155,000 in September 2014, which was around 14% below the average September 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

3 ROOKERY CLOSE Sold Prices

Land registry data shows three sales for 3 ROOKERY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 3 ROOKERY CLOSE sales were for below the average price, whilst one was 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 3 SEP	£155,000	£180,347	14% below HPI
2004 30 JAN	£128,000	£146,166	12% below HPI
1998 5 JUN	£66,847	£63,511	5% above HPI

3 ROOKERY 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 three 3 ROOKERY CLOSE sales between June 1998 and September 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 January 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 ROOKERY CLOSE be worth now?

3 ROOKERY CLOSE might now be worth an estimated £246,021.

This is based on house price inflation of 58.7%, between September 2014 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.7% inflationary increase is applied to the most recent sale price for 3 ROOKERY CLOSE of £155,000 on 3rd September 2014. For the value to have increased from £155,000 to £246,021 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 ROOKERY CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2014 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROOKERY CLOSE has not materially changed since September 2014.

How Large is 3 ROOKERY CLOSE?

3 ROOKERY CLOSE is 74m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where 3 ROOKERY CLOSE lies on this distribution: 12% of detached houses houses are smaller than 3 ROOKERY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Louth.

3 ROOKERY CLOSE: Plot and Title Map

3 ROOKERY CLOSE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 3 ROOKERY 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 ROOKERY 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 ROOKERY CLOSE?

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