RIVERBANK, CHARLES STREET, LOUTH, LN11 0LE - £322,000

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

RIVERBANK is a large detached house of 132m², built sometime between 1983 and 1990. It was last sold for £322,000 in December 2021, which was around 24% above the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

RIVERBANK Sold Prices

Land registry data shows three sales for RIVERBANK 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 RIVERBANK 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
2021 15 DEC	£322,000	£260,179	24% above HPI
2018 3 APR	£250,000	£205,229	22% above HPI
2012 1 JUN	£170,000	£162,711	4% above HPI

RIVERBANK 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 RIVERBANK sales between June 2012 and December 2021 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 April 2018 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is RIVERBANK?

RIVERBANK is 132m² according to the EPC inspection conducted in February 2018. This puts it in the largest 40% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where RIVERBANK lies on this distribution: 67% of detached houses are smaller than RIVERBANK, and 32% of houses are larger. Note that EPC data is not available for all properties in Louth.

RIVERBANK: Plot and Title Map

RIVERBANK sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of RIVERBANK, 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 RIVERBANK). 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 RIVERBANK?

RIVERBANK is located on CHARLES STREET in LOUTH, in the LN11 postcode district. The below map shows the position of RIVERBANK on CHARLES STREET.