74, FULMAR DRIVE, LOUTH, LN11 0ST - £250,000

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

74 FULMAR DRIVE is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £250,000 in November 2023, which was around 9% below the average November 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

74 FULMAR DRIVE Sold Prices

Land registry data shows five sales for 74 FULMAR DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five 74 FULMAR DRIVE 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 29 NOV	£250,000	£275,385	9% below HPI
2022 15 NOV	£153,000	£282,579	46% below HPI
1998 22 MAY	£69,950	£60,945	15% above HPI
1997 15 AUG	£64,500	£61,297	5% above HPI
1996 15 MAR	£55,000	£52,002	6% above HPI

74 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 five 74 FULMAR DRIVE sales between March 1996 and November 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 November 2022 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 74 FULMAR DRIVE?

74 FULMAR DRIVE is 78m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 74 FULMAR DRIVE lies on this distribution: 17% of detached houses are smaller than 74 FULMAR DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Louth.

74 FULMAR DRIVE: Plot and Title Map

74 FULMAR DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 74 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 74 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 74 FULMAR DRIVE?

74 FULMAR DRIVE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 74 on FULMAR DRIVE.