5, TEMPLE TERRACE, LOUTH, LN11 0EP - £422,000

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.

5 TEMPLE TERRACE is a very large detached house of 246m², built sometime between 1900 and 1929, which could now be worth an estimated £678,852. It was last sold for £422,000 in July 2014, which was around 138% above the average July 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2012, where the current energy rating was F, and the potential energy rating was C.

5 TEMPLE TERRACE Sold Prices

Land registry data shows two sales for 5 TEMPLE TERRACE 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 TEMPLE TERRACE 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
2014 14 JUL	£422,000	£177,094	138% above HPI
2007 10 OCT	£375,000	£190,812	97% above HPI

5 TEMPLE TERRACE 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 TEMPLE TERRACE sales from October 2007 and July 2014 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 October 2007 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the July 2014 sale, where it rises to 138% above the HPI. The line then continues to track at 138% above the HPI.

What might 5 TEMPLE TERRACE be worth now?

5 TEMPLE TERRACE might now be worth an estimated £678,852.

This is based on house price inflation of 60.9%, between July 2014 and March 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 60.9% inflationary increase is applied to the most recent sale price for 5 TEMPLE TERRACE of £422,000 on 14th July 2014. For the value to have increased from £422,000 to £678,852 over the eleven years and four months to March 2025, the following assumptions must hold true:

• The value of 5 TEMPLE TERRACE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2014 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TEMPLE TERRACE has not materially changed since July 2014.

How Large is 5 TEMPLE TERRACE?

5 TEMPLE TERRACE is 246m² according to the EPC inspection conducted in July 2012. This puts it in the largest 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 5 TEMPLE TERRACE lies on this distribution: 97% of detached houses houses are smaller than 5 TEMPLE TERRACE, and 3% of houses are larger. Note that EPC data is not available for all properties in Louth.

5 TEMPLE TERRACE: Plot and Title Map

5 TEMPLE TERRACE sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of 5 TEMPLE TERRACE, 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 TEMPLE TERRACE). 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 TEMPLE TERRACE?

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