42, ERESBIE ROAD, LOUTH, LN11 8YG - £295,000

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

42 ERESBIE ROAD is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £295,000 in May 2023, which was around 9% above the average May 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.

42 ERESBIE ROAD Sold Prices

Land registry data shows four sales for 42 ERESBIE ROAD 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 42 ERESBIE ROAD 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
2023 5 MAY	£295,000	£271,486	9% above HPI
2016 28 OCT	£218,000	£192,862	13% above HPI
2010 5 MAR	£189,000	£168,985	12% above HPI
1999 10 MAR	£78,950	£65,202	21% above HPI

42 ERESBIE ROAD 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 42 ERESBIE ROAD sales between March 1999 and May 2023 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 October 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2023 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 42 ERESBIE ROAD?

42 ERESBIE ROAD is 100m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 42 ERESBIE ROAD lies on this distribution: 39% of detached houses are smaller than 42 ERESBIE ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Louth.

42 ERESBIE ROAD: Plot and Title Map

42 ERESBIE ROAD sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 42 ERESBIE ROAD, 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 42 ERESBIE ROAD). 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 42 ERESBIE ROAD?

42 ERESBIE ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 42 on ERESBIE ROAD.