50, WATTS LANE, LOUTH, LN11 9DG - £275,000

50 WATTS LANE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £275,000 in July 2022, which was about the average July 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

50 WATTS LANE Sold Prices

Land registry data shows two sales for 50 WATTS LANE 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. One of the two 50 WATTS LANE sales was roughly equal to the average price, whilst the other was 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
2022 22 JUL	£275,000	£274,246	Close to HPI
2002 10 MAY	£85,000	£98,349	14% below HPI

50 WATTS LANE 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 50 WATTS LANE sales from May 2002 and July 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 May 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 50 WATTS LANE?

50 WATTS LANE is 75m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 50 WATTS LANE lies on this distribution: 13% of detached houses are smaller than 50 WATTS LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Louth.

50 WATTS LANE: Plot and Title Map

50 WATTS LANE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 50 WATTS LANE, 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 50 WATTS LANE). 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 50 WATTS LANE?

50 WATTS LANE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 50 on WATTS LANE.