32A, WESTGATE, LOUTH, LN11 9YH - £360,000

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

32A WESTGATE is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £360,000 in September 2018, which was around 62% above the average September 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

32A WESTGATE Sold Prices

Land registry data shows two sales for 32A WESTGATE 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 32A WESTGATE 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
2018 17 SEP	£360,000	£222,708	62% above HPI
2017 21 DEC	£355,000	£208,598	70% above HPI

32A WESTGATE 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 32A WESTGATE sales from December 2017 and September 2018 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 December 2017 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the September 2018 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 32A WESTGATE?

32A WESTGATE is 125m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 32A WESTGATE lies on this distribution: 61% of detached houses are smaller than 32A WESTGATE, and 39% of houses are larger. Note that EPC data is not available for all properties in Louth.

32A WESTGATE: Plot and Title Map

32A WESTGATE sits on a plot of roughly 0.312 of an acre, or 1,261m². The below map shows the location of 32A WESTGATE, 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 32A WESTGATE). 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 32A WESTGATE?

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