8, BRADLEY CLOSE, LOUTH, LN11 8YL - £234,000

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

8 BRADLEY CLOSE is a small detached house of 99m², built sometime between 2003 and 2006. It was last sold for £234,000 in September 2020, which was around 5% above the average September 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

8 BRADLEY CLOSE Sold Prices

Land registry data shows three sales for 8 BRADLEY 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. Two of the three 8 BRADLEY CLOSE sales were for above the average price, whilst one was 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
2020 30 SEP	£234,000	£222,611	5% above HPI
2018 7 MAR	£177,500	£207,278	14% below HPI
2000 26 JUN	£93,995	£74,668	26% above HPI

8 BRADLEY 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 8 BRADLEY CLOSE sales between June 2000 and September 2020 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 March 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 8 BRADLEY CLOSE?

8 BRADLEY CLOSE is 99m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 40% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 8 BRADLEY CLOSE lies on this distribution: 38% of detached houses are smaller than 8 BRADLEY CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Louth.

8 BRADLEY CLOSE: Plot and Title Map

8 BRADLEY CLOSE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 8 BRADLEY 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 8 BRADLEY 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 8 BRADLEY CLOSE?

8 BRADLEY CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 8 on BRADLEY CLOSE.