6, PIPPIN CLOSE, LOUTH, LN11 9FF - £182,500

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

6 PIPPIN CLOSE is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £182,500 in October 2013, which was around 6% above the average October 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

6 PIPPIN CLOSE Sold Prices

Land registry data shows three sales for 6 PIPPIN CLOSE 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. All of the three 6 PIPPIN CLOSE 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
2013 18 OCT	£182,500	£172,648	6% above HPI
2003 11 FEB	£140,000	£121,961	15% above HPI
1996 1 APR	£71,000	£54,663	30% above HPI

6 PIPPIN CLOSE 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 6 PIPPIN CLOSE sales between April 1996 and October 2013 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 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2013 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 6 PIPPIN CLOSE be worth now?

6 PIPPIN CLOSE might now be worth an estimated £301,149.

This is based on house price inflation of 65%, between October 2013 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 65% inflationary increase is applied to the most recent sale price for 6 PIPPIN CLOSE of £182,500 on 18th October 2013. For the value to have increased from £182,500 to £301,149 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 6 PIPPIN CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2013 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 6 PIPPIN CLOSE has not materially changed since October 2013.

How Large is 6 PIPPIN CLOSE?

6 PIPPIN CLOSE is 87m² according to the EPC inspection conducted in October 2012. 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 6 PIPPIN CLOSE lies on this distribution: 25% of detached houses houses are smaller than 6 PIPPIN CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Louth.

6 PIPPIN CLOSE: Plot and Title Map

6 PIPPIN CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 6 PIPPIN CLOSE, 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 6 PIPPIN CLOSE). 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 6 PIPPIN CLOSE?

6 PIPPIN CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 6 on PIPPIN CLOSE.