8, WORCESTER CLOSE, LOUTH, LN11 9FG - £190,000

8 WORCESTER CLOSE is a very small detached house of 55m², built sometime between 1991 and 1995. It was last sold for £190,000 in March 2020, which was around 11% below the average March 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

8 WORCESTER CLOSE Sold Prices

Land registry data shows three sales for 8 WORCESTER 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. All of the three 8 WORCESTER CLOSE 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
2020 13 MAR	£190,000	£214,010	11% below HPI
2016 2 SEP	£153,000	£191,934	20% below HPI
1995 31 MAR	£51,950	£58,321	11% below HPI

8 WORCESTER 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 WORCESTER CLOSE sales between March 1995 and March 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 WORCESTER CLOSE?

8 WORCESTER CLOSE is 55m² according to the EPC inspection conducted in May 2016. 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 8 WORCESTER CLOSE lies on this distribution: 2% of detached houses are smaller than 8 WORCESTER CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Louth.

8 WORCESTER CLOSE: Plot and Title Map

8 WORCESTER CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 8 WORCESTER 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 WORCESTER 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 WORCESTER CLOSE?

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