7A, ALEXANDER DRIVE, LOUTH, LN11 8QG - £107,000

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

7A ALEXANDER DRIVE is a very small semi-detached house of 49m², built sometime between 1983 and 1990. It was last sold for £107,000 in December 2013, which was around 35% below the average December 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

7A ALEXANDER DRIVE Sold Prices

Land registry data shows three sales for 7A ALEXANDER DRIVE 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 7A ALEXANDER 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
2013 9 DEC	£107,000	£165,366	35% below HPI
2000 26 MAY	£48,500	£72,066	33% below HPI
1996 22 OCT	£37,500	£57,578	35% below HPI

7A ALEXANDER 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 three 7A ALEXANDER DRIVE sales between October 1996 and December 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 May 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7A ALEXANDER DRIVE?

7A ALEXANDER DRIVE is 49m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 7A ALEXANDER DRIVE lies on this distribution: 1% of detached houses are smaller than 7A ALEXANDER DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Louth.

7A ALEXANDER DRIVE: Plot and Title Map

7A ALEXANDER DRIVE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 7A ALEXANDER 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 7A ALEXANDER 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 7A ALEXANDER DRIVE?

7A ALEXANDER DRIVE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 7A on ALEXANDER DRIVE.