44, ALBATROSS WAY, LOUTH, LN11 0ZF - £151,500

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.

44 ALBATROSS WAY is a very small detached house of 57m², which could now be worth an estimated £158,440. It was last sold for £151,500 in May 2022, which was around 45% below the average May 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was B.

44 ALBATROSS WAY Sold Prices

Land registry data shows two sales for 44 ALBATROSS WAY 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 44 ALBATROSS WAY 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
2022 12 MAY	£151,500	£273,713	45% below HPI
2019 31 MAY	£120,000	£219,835	45% below HPI

44 ALBATROSS WAY 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 44 ALBATROSS WAY sales from May 2019 and May 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 May 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2022 sale, which was also at 45% below the HPI.

What might 44 ALBATROSS WAY be worth now?

44 ALBATROSS WAY might now be worth an estimated £158,440.

This is based on house price inflation of 4.6%, between May 2022 and February 2025, for 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 4.6% inflationary increase is applied to the most recent sale price for 44 ALBATROSS WAY of £151,500 on 12th May 2022. For the value to have increased from £151,500 to £158,440 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 44 ALBATROSS WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2022 sale price of £151,500 represented a fair market value for the property.
• The size, condition, and specification of 44 ALBATROSS WAY has not materially changed since May 2022.

How Large is 44 ALBATROSS WAY?

44 ALBATROSS WAY is 57m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where 44 ALBATROSS WAY lies on this distribution: 3% of detached houses houses are smaller than 44 ALBATROSS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Louth.

44 ALBATROSS WAY: Plot and Title Map

44 ALBATROSS WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 44 ALBATROSS WAY, 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 44 ALBATROSS WAY). 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 44 ALBATROSS WAY?

44 ALBATROSS WAY is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 44 on ALBATROSS WAY.