44, PRIORY CLOSE, LOUTH, LN11 9AS - £230,000

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

44 PRIORY CLOSE is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £230,000 in February 2024, which was around 14% below the average February 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

44 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 44 PRIORY CLOSE 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 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
2024 19 FEB	£230,000	£267,361	14% below HPI
2006 24 JUL	£163,500	£180,885	10% below HPI

44 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 two 44 PRIORY CLOSE sales from July 2006 and February 2024 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 July 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 44 PRIORY CLOSE?

44 PRIORY CLOSE is 72m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 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 44 PRIORY CLOSE lies on this distribution: 10% of detached houses are smaller than 44 PRIORY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Louth.

44 PRIORY CLOSE: Plot and Title Map

44 PRIORY CLOSE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 44 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 44 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 44 PRIORY CLOSE?

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