THE LAURELS, EVE STREET, LOUTH, LN11 0JJ - £140,000

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

THE LAURELS is a large extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £140,000 in July 2017, which was around 32% below the average July 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 THE LAURELS 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
2017 21 JUL	£140,000	£206,507	32% below HPI
2017 31 MAR	£135,000	£203,019	34% below HPI

THE LAURELS 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 THE LAURELS sales from March 2017 and July 2017 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 March 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is THE LAURELS?

THE LAURELS is 126m², which includes two extensions, according to the EPC inspection conducted in March 2023. 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 THE LAURELS lies on this distribution: 61% of detached houses are smaller than THE LAURELS, and 37% of houses are larger. Note that EPC data is not available for all properties in Louth.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.524 of an acre, or 2,121m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on EVE STREET in LOUTH, in the LN11 postcode district. The below map shows the position of THE LAURELS on EVE STREET.