8, PASTURE DRIVE, LOUTH, LN11 8XA - £232,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PASTURE DRIVE is a midsized detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £385,296. It was last sold for £232,000 in March 2014, which was around 35% above the average March 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

8 PASTURE DRIVE Sold Prices

Land registry data shows three sales for 8 PASTURE 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 8 PASTURE 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
2014 14 MAR	£232,000	£171,538	35% above HPI
2004 17 SEP	£190,000	£165,938	15% above HPI
1995 22 SEP	£69,000	£55,596	24% above HPI

8 PASTURE 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 8 PASTURE DRIVE sales between September 1995 and March 2014 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 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2014 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 8 PASTURE DRIVE be worth now?

8 PASTURE DRIVE might now be worth an estimated £385,296.

This is based on house price inflation of 66.1%, between March 2014 and March 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.1% inflationary increase is applied to the most recent sale price for 8 PASTURE DRIVE of £232,000 on 14th March 2014. For the value to have increased from £232,000 to £385,296 over the eleven years to March 2025, the following assumptions must hold true:

• The value of 8 PASTURE DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2014 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PASTURE DRIVE has not materially changed since March 2014.

How Large is 8 PASTURE DRIVE?

8 PASTURE DRIVE is 116m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where 8 PASTURE DRIVE lies on this distribution: 53% of detached houses houses are smaller than 8 PASTURE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Louth.

8 PASTURE DRIVE: Plot and Title Map

8 PASTURE DRIVE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 8 PASTURE 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 8 PASTURE 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 8 PASTURE DRIVE?

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