48, ERESBIE ROAD, LOUTH, LN11 8YG - £230,000

48 ERESBIE ROAD is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £230,000 in July 2020, which was around 6% above the average July 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

48 ERESBIE ROAD Sold Prices

Land registry data shows three sales for 48 ERESBIE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 48 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
2020 24 JUL	£230,000	£216,924	6% above HPI
2015 8 MAY	£195,000	£179,959	8% above HPI
1999 30 JUN	£82,000	£66,527	23% above HPI

48 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 three 48 ERESBIE ROAD sales between June 1999 and July 2020 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 48 ERESBIE ROAD?

48 ERESBIE ROAD is 98m², which includes one extension, according to the EPC inspection conducted in February 2015. 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 48 ERESBIE ROAD lies on this distribution: 38% of detached houses are smaller than 48 ERESBIE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Louth.

48 ERESBIE ROAD: Plot and Title Map

48 ERESBIE ROAD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 48 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 48 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 48 ERESBIE ROAD?

48 ERESBIE ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 48 on ERESBIE ROAD.