10, MEADOW CLOSE, LOUTH, LN11 9EB - £239,950

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

10 MEADOW CLOSE is a small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £239,950 in November 2021, which was around 7% below the average November 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

10 MEADOW CLOSE Sold Prices

Land registry data shows four sales for 10 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 10 MEADOW 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
2021 12 NOV	£239,950	£257,326	7% below HPI
2015 30 APR	£175,000	£176,599	1% below HPI
2010 25 FEB	£159,000	£165,476	4% below HPI
1997 26 AUG	£46,000	£61,297	25% below HPI

10 MEADOW 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 four 10 MEADOW CLOSE sales between August 1997 and November 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 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 10 MEADOW CLOSE?

10 MEADOW CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 10 MEADOW CLOSE lies on this distribution: 21% of detached houses are smaller than 10 MEADOW CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Louth.

10 MEADOW CLOSE: Plot and Title Map

10 MEADOW CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 10 MEADOW 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 10 MEADOW 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 10 MEADOW CLOSE?

10 MEADOW CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 10 on MEADOW CLOSE.