5, ERESBIE ROAD, LOUTH, LN11 8YG - £400,000

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

5 ERESBIE ROAD is a large extended detached house of 148m², built sometime between 1991 and 1995. It was last sold for £400,000 in February 2022, which was around 51% above the average February 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

5 ERESBIE ROAD Sold Prices

Land registry data shows four sales for 5 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 5 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
2022 21 FEB	£400,000	£264,840	51% above HPI
2011 2 DEC	£245,000	£164,498	49% above HPI
2003 1 OCT	£240,000	£137,863	74% above HPI
2000 14 APR	£130,645	£72,404	80% above HPI

5 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 5 ERESBIE ROAD sales between April 2000 and February 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 December 2011 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2022 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 5 ERESBIE ROAD?

5 ERESBIE ROAD is 148m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 5 ERESBIE ROAD lies on this distribution: 78% of detached houses are smaller than 5 ERESBIE ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Louth.

5 ERESBIE ROAD: Plot and Title Map

5 ERESBIE ROAD sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 5 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 5 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 5 ERESBIE ROAD?

5 ERESBIE ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 5 on ERESBIE ROAD.