THE STABLES, KENWICK PASTURES, LOUTH, LN11 8EE - £395,000

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.

THE STABLES is a very large detached house of 177m², built sometime between 1991 and 1995, which could now be worth an estimated £467,343. It was last sold for £395,000 in June 2021, which was around 63% above the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

THE STABLES Sold Prices

Land registry data shows three sales for THE STABLES 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 THE STABLES 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 29 JUN	£395,000	£241,941	63% above HPI
2006 3 FEB	£235,000	£169,644	39% above HPI
2002 21 JAN	£130,000	£92,508	41% above HPI

THE STABLES 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 THE STABLES sales between January 2002 and June 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 February 2006 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2021 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might THE STABLES be worth now?

THE STABLES might now be worth an estimated £467,343.

This is based on house price inflation of 18.3%, between June 2021 and February 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 18.3% inflationary increase is applied to the most recent sale price for THE STABLES of £395,000 on 29th June 2021. For the value to have increased from £395,000 to £467,343 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of THE STABLES has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2021 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of THE STABLES has not materially changed since June 2021.

How Large is THE STABLES?

THE STABLES is 177m² according to the EPC inspection conducted in September 2020. This puts it in the largest 20% 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 THE STABLES lies on this distribution: 88% of detached houses houses are smaller than THE STABLES, and 12% of houses are larger. Note that EPC data is not available for all properties in Louth.

THE STABLES: Plot and Title Map

THE STABLES sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of THE STABLES, 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 STABLES). 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 STABLES?

THE STABLES is located on KENWICK PASTURES in LOUTH, in the LN11 postcode district. The below map shows the position of THE STABLES on KENWICK PASTURES.