8, CEDAR CLOSE, LOUTH, LN11 0EH - £225,000

8 CEDAR CLOSE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £225,000 in July 2020, which was around 4% above the average July 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

8 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 8 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 8 CEDAR 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
2020 10 JUL	£225,000	£216,924	4% above HPI
1996 16 SEP	£60,000	£58,109	3% above HPI

8 CEDAR 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 two 8 CEDAR CLOSE sales from September 1996 and July 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 September 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 8 CEDAR CLOSE?

8 CEDAR CLOSE is 77m² according to the EPC inspection conducted in March 2020. 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 8 CEDAR CLOSE lies on this distribution: 16% of detached houses are smaller than 8 CEDAR CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Louth.

8 CEDAR CLOSE: Plot and Title Map

8 CEDAR CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 8 CEDAR 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 CEDAR 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 CEDAR CLOSE?

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