8, MOUNT PLEASANT, LOUTH, LN11 9DR - £167,000

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 MOUNT PLEASANT is a midsized extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £167,000 in May 2016, which was around 13% below the average May 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

8 MOUNT PLEASANT Sold Prices

Land registry data shows three sales for 8 MOUNT PLEASANT 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 8 MOUNT PLEASANT 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
2016 20 MAY	£167,000	£191,921	13% below HPI
2013 22 JAN	£131,500	£155,908	16% below HPI
2001 19 NOV	£85,000	£89,506	5% below HPI

8 MOUNT PLEASANT 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 MOUNT PLEASANT sales between November 2001 and May 2016 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 January 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 MOUNT PLEASANT?

8 MOUNT PLEASANT is 110m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the smallest 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 8 MOUNT PLEASANT lies on this distribution: 50% of detached houses are smaller than 8 MOUNT PLEASANT, and 50% of houses are larger. Note that EPC data is not available for all properties in Louth.

8 MOUNT PLEASANT: Plot and Title Map

8 MOUNT PLEASANT sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 8 MOUNT PLEASANT, 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 MOUNT PLEASANT). 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 MOUNT PLEASANT?

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