5, HALF ACRE, LOUTH, LN11 0HD - £155,000

5 HALF ACRE is a very small detached house of 61m², built sometime between 2003 and 2006. It was last sold for £155,000 in September 2013, which was around 7% below the average September 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

5 HALF ACRE Sold Prices

Land registry data shows two sales for 5 HALF ACRE 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 5 HALF ACRE 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
2013 27 SEP	£155,000	£167,068	7% below HPI
2004 30 JAN	£43,700	£144,067	70% below HPI

5 HALF ACRE 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 5 HALF ACRE sales from January 2004 and September 2013 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 January 2004 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the September 2013 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 5 HALF ACRE?

5 HALF ACRE is 61m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% 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 HALF ACRE lies on this distribution: 4% of detached houses are smaller than 5 HALF ACRE, and 96% of houses are larger. Note that EPC data is not available for all properties in Louth.

5 HALF ACRE: Plot and Title Map

5 HALF ACRE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 5 HALF ACRE, 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 HALF ACRE). 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 HALF ACRE?

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