4, SOUTHFIELD DRIVE, LOUTH, LN11 9ED - £68,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 SOUTHFIELD DRIVE is a small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £68,000 in March 2000, which was around 6% below the average March 2000 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

4 SOUTHFIELD DRIVE Sold Prices

Land registry data shows two sales for 4 SOUTHFIELD DRIVE 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 4 SOUTHFIELD 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
2000 24 MAR	£68,000	£72,210	6% below HPI
1995 17 NOV	£54,000	£55,148	2% below HPI

4 SOUTHFIELD DRIVE 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 4 SOUTHFIELD DRIVE sales from November 1995 and March 2000 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 November 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2000 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 SOUTHFIELD DRIVE?

4 SOUTHFIELD DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% 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 SOUTHFIELD DRIVE lies on this distribution: 24% of detached houses are smaller than 4 SOUTHFIELD DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Louth.

4 SOUTHFIELD DRIVE: Plot and Title Map

4 SOUTHFIELD DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 4 SOUTHFIELD 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 SOUTHFIELD 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 SOUTHFIELD DRIVE?

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