31, SPIRE VIEW ROAD, LOUTH, LN11 8SL - £275,000

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

31 SPIRE VIEW ROAD is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £275,000 in April 2022, which was around 4% above the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

31 SPIRE VIEW ROAD Sold Prices

Land registry data shows two sales for 31 SPIRE VIEW ROAD 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 31 SPIRE VIEW ROAD 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
2022 14 APR	£275,000	£264,293	4% above HPI
2008 17 APR	£191,000	£177,207	8% above HPI

31 SPIRE VIEW ROAD 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 31 SPIRE VIEW ROAD sales from April 2008 and April 2022 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 April 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 31 SPIRE VIEW ROAD?

31 SPIRE VIEW ROAD is 78m² according to the EPC inspection conducted in March 2022. 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 31 SPIRE VIEW ROAD lies on this distribution: 17% of detached houses are smaller than 31 SPIRE VIEW ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Louth.

31 SPIRE VIEW ROAD: Plot and Title Map

31 SPIRE VIEW ROAD sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of 31 SPIRE VIEW ROAD, 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 31 SPIRE VIEW ROAD). 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 31 SPIRE VIEW ROAD?

31 SPIRE VIEW ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 31 on SPIRE VIEW ROAD.