CRESTON, LOUTH ROAD, FOTHERBY, LOUTH, LN11 0UG - £295,000

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

CRESTON is a large extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £295,000 in November 2022, which was around 4% above the average November 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

CRESTON Sold Prices

Land registry data shows two sales for CRESTON 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 CRESTON 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
2022 21 NOV	£295,000	£282,579	4% above HPI
2002 29 MAY	£120,000	£98,349	22% above HPI

CRESTON 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 CRESTON sales from May 2002 and November 2022 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 May 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is CRESTON?

CRESTON is 109m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses in Fotherby, based on EPC data. The below chart shows the distribution of detached houses by size in Fotherby, and where CRESTON lies on this distribution: 62% of detached houses are smaller than CRESTON, and 38% of houses are larger. Note that EPC data is not available for all properties in Fotherby.

CRESTON: Plot and Title Map

CRESTON sits on a plot of roughly 0.144 of an acre, or 585m². The below map shows the location of CRESTON, 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 CRESTON). 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 CRESTON?

CRESTON is located on LOUTH ROAD in FOTHERBY, in the LN11 postcode district. The below map shows the position of CRESTON on LOUTH ROAD.