16, NICHOL HILL, LOUTH, LN11 9NQ - £208,000

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.

16 NICHOL HILL is a large detached house of 129m², built sometime before 1900, which could now be worth an estimated £265,794. It was last sold for £208,000 in March 2017, which was around 1% above the average March 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

16 NICHOL HILL Sold Prices

Land registry data shows two sales for 16 NICHOL HILL 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. One of the two 16 NICHOL HILL sales was for above the average price, whilst the other was 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 7 MAR	£208,000	£205,977	1% above HPI
2009 21 AUG	£85,000	£167,880	49% below HPI

16 NICHOL HILL 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 16 NICHOL HILL sales from August 2009 and March 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 August 2009 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 16 NICHOL HILL be worth now?

16 NICHOL HILL might now be worth an estimated £265,794.

This is based on house price inflation of 27.8%, between March 2017 and June 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 27.8% inflationary increase is applied to the most recent sale price for 16 NICHOL HILL of £208,000 on 7th March 2017. For the value to have increased from £208,000 to £265,794 over the seven years and nine months to June 2025, the following assumptions must hold true:

• The value of 16 NICHOL HILL has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2017 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NICHOL HILL has not materially changed since March 2017.

How Large is 16 NICHOL HILL?

16 NICHOL HILL is 129m² according to the EPC inspection conducted in May 2010. 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 16 NICHOL HILL lies on this distribution: 66% of detached houses houses are smaller than 16 NICHOL HILL, and 34% of houses are larger. Note that EPC data is not available for all properties in Louth.

16 NICHOL HILL: Plot and Title Map

16 NICHOL HILL sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 16 NICHOL HILL, 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 16 NICHOL HILL). 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 16 NICHOL HILL?

16 NICHOL HILL is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 16 on NICHOL HILL.