53, FULMAR DRIVE, LOUTH, LN11 0ST - £165,000

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

53 FULMAR DRIVE is a small semi-detached house of 84m², built sometime between 1983 and 1990. It was last sold for £165,000 in January 2021, which was around 30% below the average January 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

53 FULMAR DRIVE Sold Prices

Land registry data shows four sales for 53 FULMAR DRIVE 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 53 FULMAR DRIVE 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
2021 19 JAN	£165,000	£236,135	30% below HPI
2015 24 JUL	£143,000	£181,933	21% below HPI
2007 29 MAY	£146,500	£185,541	21% below HPI
2002 22 APR	£74,500	£97,792	24% below HPI

53 FULMAR 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 four 53 FULMAR DRIVE sales between April 2002 and January 2021 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 July 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 53 FULMAR DRIVE?

53 FULMAR DRIVE is 84m² according to the EPC inspection conducted in March 2015. 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 53 FULMAR DRIVE lies on this distribution: 22% of detached houses are smaller than 53 FULMAR DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Louth.

53 FULMAR DRIVE: Plot and Title Map

53 FULMAR DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 53 FULMAR 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 53 FULMAR 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 53 FULMAR DRIVE?

53 FULMAR DRIVE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 53 on FULMAR DRIVE.