3, SWIFT AVENUE, MANBY, LOUTH, LN11 8TZ - £125,000

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 SWIFT AVENUE is a large detached house of 142m², built sometime between 1930 and 1949. It was last sold for £125,000 in March 2012, which was around 21% below the average March 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

3 SWIFT AVENUE Sold Prices

Land registry data shows two sales for 3 SWIFT AVENUE 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 SWIFT AVENUE 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
2012 16 MAR	£125,000	£158,319	21% below HPI
1999 7 JUL	£64,500	£67,601	5% below HPI

3 SWIFT AVENUE 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 SWIFT AVENUE sales from July 1999 and March 2012 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 July 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2012 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 SWIFT AVENUE?

3 SWIFT AVENUE is 142m² according to the EPC inspection conducted in September 2011. This puts it in the largest 40% of detached houses in Manby, based on EPC data. The below chart shows the distribution of detached houses by size in Manby, and where 3 SWIFT AVENUE lies on this distribution: 65% of detached houses are smaller than 3 SWIFT AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Manby.

3 SWIFT AVENUE: Plot and Title Map

3 SWIFT AVENUE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 3 SWIFT AVENUE, 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 SWIFT AVENUE). 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 SWIFT AVENUE?

3 SWIFT AVENUE is located in MANBY, in the LN11 postcode district. The below map shows the position of No. 3 on SWIFT AVENUE.