2, CISTERN GATE, LOUTH, LN11 0ER - £180,000

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.

2 CISTERN GATE is a very small extended terraced house of 80m², built sometime before 1900, which could now be worth an estimated £172,643. It was last sold for £180,000 in April 2023, which was around 24% above the average April 2023 terraced price in the East Lindsey local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

2 CISTERN GATE Sold Prices

Land registry data shows six sales for 2 CISTERN GATE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Most of the six 2 CISTERN GATE 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
2023 20 APR	£180,000	£144,862	24% above HPI
2020 15 SEP	£134,500	£117,317	15% above HPI
2007 15 JAN	£102,000	£98,784	3% above HPI
2001 19 DEC	£63,000	£44,016	43% above HPI
2000 27 MAR	£51,750	£34,870	48% above HPI
1996 13 NOV	£26,000	£28,342	8% below HPI

2 CISTERN GATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The six 2 CISTERN GATE sales between November 1996 and April 2023 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 2020 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 2 CISTERN GATE be worth now?

2 CISTERN GATE might now be worth an estimated £172,643.

This is based on house price deflation of 4.1%, between April 2023 and June 2025, for terraced 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 4.1% deflationary decrease is applied to the most recent sale price for 2 CISTERN GATE of £180,000 on 20th April 2023. For the value to have decreased from £180,000 to £172,643 over the one year and ten months to June 2025, the following assumptions must hold true:

• The value of 2 CISTERN GATE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The April 2023 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CISTERN GATE has not materially changed since April 2023.

How Large is 2 CISTERN GATE?

2 CISTERN GATE is 80m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of terraced houses houses in Louth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Louth, and where 2 CISTERN GATE lies on this distribution: 18% of terraced houses houses are smaller than 2 CISTERN GATE, and 80% of houses are larger. Note that EPC data is not available for all properties in Louth.

2 CISTERN GATE: Plot and Title Map

2 CISTERN GATE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 2 CISTERN GATE, 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 2 CISTERN GATE). 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 2 CISTERN GATE?

2 CISTERN GATE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 2 on CISTERN GATE.