54, ERESBIE ROAD, LOUTH, LN11 8YG - £162,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

54 ERESBIE ROAD is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £162,000 in August 2009, which was around 4% below the average August 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

54 ERESBIE ROAD Sold Prices

Land registry data shows two sales for 54 ERESBIE ROAD 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 54 ERESBIE ROAD sales was for below the average price, whilst the other was 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
2009 21 AUG	£162,000	£167,880	4% below HPI
1999 30 JUN	£76,950	£67,496	14% above HPI

54 ERESBIE 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 two 54 ERESBIE ROAD sales from June 1999 and August 2009 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 June 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2009 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 54 ERESBIE ROAD be worth now?

54 ERESBIE ROAD might now be worth an estimated £274,914.

This is based on house price inflation of 69.7%, between August 2009 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.7% inflationary increase is applied to the most recent sale price for 54 ERESBIE ROAD of £162,000 on 21st August 2009. For the value to have increased from £162,000 to £274,914 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 54 ERESBIE ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2009 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 54 ERESBIE ROAD has not materially changed since August 2009.

How Large is 54 ERESBIE ROAD?

54 ERESBIE ROAD is 84m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where 54 ERESBIE ROAD lies on this distribution: 22% of detached houses houses are smaller than 54 ERESBIE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Louth.

54 ERESBIE ROAD: Plot and Title Map

54 ERESBIE ROAD sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 54 ERESBIE 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 54 ERESBIE 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 54 ERESBIE ROAD?

54 ERESBIE ROAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 54 on ERESBIE ROAD.