1, LANGLEY CLOSE, LOUTH, LN11 8YP - £164,000

1 LANGLEY CLOSE is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £164,000 in May 2019, which was around 24% below the average May 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

1 LANGLEY CLOSE Sold Prices

Land registry data shows two sales for 1 LANGLEY CLOSE 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 1 LANGLEY CLOSE 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
2019 24 MAY	£164,000	£216,678	24% below HPI
1999 10 SEP	£53,950	£68,475	21% below HPI

1 LANGLEY CLOSE 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 1 LANGLEY CLOSE sales from September 1999 and May 2019 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 September 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 LANGLEY CLOSE?

1 LANGLEY CLOSE is 64m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 1 LANGLEY CLOSE lies on this distribution: 6% of detached houses are smaller than 1 LANGLEY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Louth.

1 LANGLEY CLOSE: Plot and Title Map

1 LANGLEY CLOSE sits on a plot of roughly 0.038 of an acre, or 156m². The below map shows the location of 1 LANGLEY CLOSE, 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 1 LANGLEY CLOSE). 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 1 LANGLEY CLOSE?

1 LANGLEY CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 1 on LANGLEY CLOSE.