5, VANESSA ROAD, LOUTH, LN11 9LE - £155,000

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

5 VANESSA ROAD is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £155,000 in October 2017, which was around 26% below the average October 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

5 VANESSA ROAD Sold Prices

Land registry data shows four sales for 5 VANESSA 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 VANESSA ROAD 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
2017 12 OCT	£155,000	£209,258	26% below HPI
2007 22 MAY	£149,950	£185,541	19% below HPI
1999 26 FEB	£53,500	£64,275	17% below HPI
1998 21 SEP	£45,950	£65,381	30% below HPI

5 VANESSA 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 VANESSA ROAD sales between September 1998 and October 2017 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 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 VANESSA ROAD?

5 VANESSA ROAD is 65m² according to the EPC inspection conducted in May 2009. 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 VANESSA ROAD lies on this distribution: 7% of detached houses are smaller than 5 VANESSA ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Louth.

5 VANESSA ROAD: Plot and Title Map

5 VANESSA ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 5 VANESSA 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 VANESSA 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 VANESSA ROAD?

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