52, WOOD LANE, LOUTH, LN11 8SA - £285,000

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

52 WOOD LANE is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £285,000 in April 2024, which was around 4% above the average April 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

52 WOOD LANE Sold Prices

Land registry data shows three sales for 52 WOOD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 52 WOOD LANE sales were for above the average price, whilst one 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
2024 26 APR	£285,000	£274,664	4% above HPI
2019 15 NOV	£235,000	£225,476	4% above HPI
2015 2 NOV	£169,000	£188,088	10% below HPI

52 WOOD 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 three 52 WOOD LANE sales between November 2015 and April 2024 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 November 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2024 sale, which was also at 4% above the HPI.

How Large is 52 WOOD LANE?

52 WOOD LANE is 92m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 52 WOOD LANE lies on this distribution: 30% of detached houses are smaller than 52 WOOD LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Louth.

52 WOOD LANE: Plot and Title Map

52 WOOD LANE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 52 WOOD 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 52 WOOD 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 52 WOOD LANE?

52 WOOD LANE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 52 on WOOD LANE.