2, THE MOORINGS, RIVERHEAD, LOUTH, LN11 0DD - £115,000

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 THE MOORINGS is a very small terraced house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £136,261. It was last sold for £115,000 in September 2018, which was around 2% below the average September 2018 terraced price in the East Lindsey local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

2 THE MOORINGS Sold Prices

Land registry data shows three sales for 2 THE MOORINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. One of the three 2 THE MOORINGS sales was for below the average price, whilst two 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
2018 28 SEP	£115,000	£117,262	2% below HPI
2008 3 MAR	£113,000	£98,057	15% above HPI
2006 7 MAR	£102,000	£92,706	10% above HPI

2 THE MOORINGS 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 three 2 THE MOORINGS sales between March 2006 and September 2018 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 March 2008 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 THE MOORINGS be worth now?

2 THE MOORINGS might now be worth an estimated £136,261.

This is based on house price inflation of 18.5%, between September 2018 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 18.5% inflationary increase is applied to the most recent sale price for 2 THE MOORINGS of £115,000 on 28th September 2018. For the value to have increased from £115,000 to £136,261 over the seven years and three months to June 2025, the following assumptions must hold true:

• The value of 2 THE MOORINGS has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The September 2018 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MOORINGS has not materially changed since September 2018.

How Large is 2 THE MOORINGS?

2 THE MOORINGS is 76m² according to the EPC inspection conducted in December 2009. 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 THE MOORINGS lies on this distribution: 15% of terraced houses houses are smaller than 2 THE MOORINGS, and 85% of houses are larger. Note that EPC data is not available for all properties in Louth.

2 THE MOORINGS: Plot and Title Map

2 THE MOORINGS sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 2 THE MOORINGS, 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 THE MOORINGS). 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 THE MOORINGS?

2 THE MOORINGS is located on RIVERHEAD in LOUTH, in the LN11 postcode district. The below map shows the position of 2 THE MOORINGS on RIVERHEAD.