7, LANGLEY CLOSE, LOUTH, LN11 8YP - £350,000

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

7 LANGLEY CLOSE is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £350,000 in October 2023, which was around 26% above the average October 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

7 LANGLEY CLOSE Sold Prices

Land registry data shows four sales for 7 LANGLEY CLOSE 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 7 LANGLEY 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
2023 10 OCT	£350,000	£276,737	26% above HPI
2020 24 JUL	£285,000	£216,924	31% above HPI
2007 27 JUN	£245,000	£187,546	31% above HPI
2000 23 AUG	£104,000	£75,614	38% above HPI

7 LANGLEY 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 four 7 LANGLEY CLOSE sales between August 2000 and October 2023 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 2020 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2023 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 7 LANGLEY CLOSE?

7 LANGLEY CLOSE is 115m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 7 LANGLEY CLOSE lies on this distribution: 53% of detached houses are smaller than 7 LANGLEY CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Louth.

7 LANGLEY CLOSE: Plot and Title Map

7 LANGLEY CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 7 LANGLEY 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 7 LANGLEY 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 7 LANGLEY CLOSE?

7 LANGLEY CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 7 on LANGLEY CLOSE.