4, ALEXANDER DRIVE, LOUTH, LN11 8QG - £113,500

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.

4 ALEXANDER DRIVE is a very small semi-detached house of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £127,718. It was last sold for £113,500 in November 2021, which was around 34% below the average November 2021 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was F, and the potential energy rating was A.

4 ALEXANDER DRIVE Sold Prices

Land registry data shows three sales for 4 ALEXANDER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 4 ALEXANDER DRIVE 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
2021 12 NOV	£113,500	£171,464	34% below HPI
2017 24 FEB	£71,995	£132,465	46% below HPI
2002 28 AUG	£39,995	£66,907	40% below HPI

4 ALEXANDER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 4 ALEXANDER DRIVE sales between August 2002 and November 2021 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 February 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 4 ALEXANDER DRIVE be worth now?

4 ALEXANDER DRIVE might now be worth an estimated £127,718.

This is based on house price inflation of 12.5%, between November 2021 and February 2025, for semi-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 12.5% inflationary increase is applied to the most recent sale price for 4 ALEXANDER DRIVE of £113,500 on 12th November 2021. For the value to have increased from £113,500 to £127,718 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 ALEXANDER DRIVE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The November 2021 sale price of £113,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ALEXANDER DRIVE has not materially changed since November 2021.

How Large is 4 ALEXANDER DRIVE?

4 ALEXANDER DRIVE is 42m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of semi-detached houses houses in Louth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Louth, and where 4 ALEXANDER DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 4 ALEXANDER DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Louth.

4 ALEXANDER DRIVE: Plot and Title Map

4 ALEXANDER DRIVE sits on a plot of roughly 0.019 of an acre, or 75m². The below map shows the location of 4 ALEXANDER DRIVE, 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 4 ALEXANDER DRIVE). 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 4 ALEXANDER DRIVE?

4 ALEXANDER DRIVE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 4 on ALEXANDER DRIVE.