40, PRIORY CLOSE, LOUTH, LN11 9AS - £135,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

40 PRIORY CLOSE is a very small semi-detached house of 59m², built sometime between 1983 and 1990. It was last sold for £135,000 in October 2016, which was around 30% below the average October 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

40 PRIORY CLOSE Sold Prices

Land registry data shows four sales for 40 PRIORY CLOSE 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 40 PRIORY CLOSE 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
2016 14 OCT	£135,000	£192,862	30% below HPI
2011 27 SEP	£125,000	£168,640	26% below HPI
2009 17 NOV	£125,000	£164,250	24% below HPI
1997 4 JUL	£49,950	£60,466	17% below HPI

40 PRIORY CLOSE 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 40 PRIORY CLOSE sales between July 1997 and October 2016 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 September 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 40 PRIORY CLOSE?

40 PRIORY CLOSE is 59m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 40 PRIORY CLOSE lies on this distribution: 3% of detached houses are smaller than 40 PRIORY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Louth.

40 PRIORY CLOSE: Plot and Title Map

40 PRIORY CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 40 PRIORY CLOSE, 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 40 PRIORY CLOSE). 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 40 PRIORY CLOSE?

40 PRIORY CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 40 on PRIORY CLOSE.