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
4 FULMAR DRIVE is a very large detached house of 160m², built in 2020. It was last sold for £359,950 in November 2022, which was around 27% above the average November 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 4 FULMAR DRIVE since 1st 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. One of the two 4 FULMAR DRIVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2022 10 NOV | £359,950 | £282,579 | 27% above HPI |
2021 6 APR | £89,000 | £232,750 | 62% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 4 FULMAR DRIVE sales from April 2021 and November 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 2021 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the November 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.
4 FULMAR DRIVE is 160m² according to the EPC inspection conducted in July 2022. This puts it in the largest 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 4 FULMAR DRIVE lies on this distribution: 83% of detached houses are smaller than 4 FULMAR DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Louth.
4 FULMAR DRIVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 4 FULMAR 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 FULMAR 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.
4 FULMAR DRIVE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 4 on FULMAR DRIVE.