5, WILLOW DRIVE, LOUTH, LN11 0AH - £145,000

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 WILLOW DRIVE is a small extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £145,000 in September 2003, which was around 8% above the average September 2003 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

5 WILLOW DRIVE Sold Prices

Land registry data shows two sales for 5 WILLOW DRIVE 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 WILLOW DRIVE 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
2003 22 SEP	£145,000	£133,978	8% above HPI
1998 17 FEB	£65,500	£62,385	5% above HPI

5 WILLOW DRIVE 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 WILLOW DRIVE sales from February 1998 and September 2003 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 February 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2003 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 WILLOW DRIVE?

5 WILLOW DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in September 2012. 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 5 WILLOW DRIVE lies on this distribution: 37% of detached houses are smaller than 5 WILLOW DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Louth.

5 WILLOW DRIVE: Plot and Title Map

5 WILLOW DRIVE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 5 WILLOW DRIVE, 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 WILLOW DRIVE). 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 WILLOW DRIVE?

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