32, VICTORIA ROAD, LOUTH, LN11 0BX - £165,000

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

32 VICTORIA ROAD is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £165,000 in March 2020, which was around 23% below the average March 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

32 VICTORIA ROAD Sold Prices

Land registry data shows four sales for 32 VICTORIA ROAD 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. All of the four 32 VICTORIA ROAD 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
2020 2 MAR	£165,000	£214,010	23% below HPI
2006 14 JUL	£148,000	£180,885	18% below HPI
2004 19 OCT	£145,000	£167,136	13% below HPI
1996 22 NOV	£55,500	£57,427	3% below HPI

32 VICTORIA 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 four 32 VICTORIA ROAD sales between November 1996 and March 2020 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 32 VICTORIA ROAD?

32 VICTORIA ROAD is 72m² according to the EPC inspection conducted in July 2019. 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 32 VICTORIA ROAD lies on this distribution: 10% of detached houses are smaller than 32 VICTORIA ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Louth.

32 VICTORIA ROAD: Plot and Title Map

32 VICTORIA ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 32 VICTORIA 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 32 VICTORIA 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 32 VICTORIA ROAD?

32 VICTORIA ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 32 on VICTORIA ROAD.