WESTGREEN, LOVE LANE, LOUTH, LN11 9LP - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WESTGREEN is a midsized detached house of 124m², built sometime between 1976 and 1982. It was last sold for £390,000 in November 2020, which was around 67% above the average November 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

WESTGREEN Sold Prices

Land registry data shows two sales for WESTGREEN 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 WESTGREEN 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
2020 3 NOV	£390,000	£232,980	67% above HPI
2008 18 APR	£275,000	£179,789	53% above HPI

WESTGREEN 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 WESTGREEN sales from April 2008 and November 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 April 2008 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the November 2020 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might WESTGREEN be worth now?

WESTGREEN might now be worth an estimated £476,899.

This is based on house price inflation of 22.3%, between November 2020 and December 2024, 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 22.3% inflationary increase is applied to the most recent sale price for WESTGREEN of £390,000 on 3rd November 2020. For the value to have increased from £390,000 to £476,899 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of WESTGREEN has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of WESTGREEN has not materially changed since November 2020.

How Large is WESTGREEN?

WESTGREEN is 124m² according to the EPC inspection conducted in July 2019. This puts it in the largest 40% 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 WESTGREEN lies on this distribution: 60% of detached houses houses are smaller than WESTGREEN, and 40% of houses are larger. Note that EPC data is not available for all properties in Louth.

WESTGREEN: Plot and Title Map

WESTGREEN sits on a plot of roughly 0.226 of an acre, or 913m². The below map shows the location of WESTGREEN, 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 WESTGREEN). 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 WESTGREEN?

WESTGREEN is located on LOVE LANE in LOUTH, in the LN11 postcode district. The below map shows the position of WESTGREEN on LOVE LANE.