22, RIVERHEAD, LOUTH, LN11 0DD - £150,000

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.

22 RIVERHEAD is a very small extended terraced house of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £143,408. It was last sold for £150,000 in January 2023, which was around 1% below the average January 2023 terraced price in the East Lindsey local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

22 RIVERHEAD Sold Prices

Land registry data shows five sales for 22 RIVERHEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Most of the five 22 RIVERHEAD 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
2023 6 JAN	£150,000	£151,508	1% below HPI
2021 23 APR	£94,500	£124,864	24% below HPI
2008 4 MAR	£125,000	£98,057	27% above HPI
2004 16 JUL	£89,000	£84,901	5% above HPI
2002 10 OCT	£46,500	£55,028	15% below HPI

22 RIVERHEAD 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 five 22 RIVERHEAD sales between October 2002 and January 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 April 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 22 RIVERHEAD be worth now?

22 RIVERHEAD might now be worth an estimated £143,408.

This is based on house price deflation of 4.4%, between January 2023 and May 2026, 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 4.4% deflationary decrease is applied to the most recent sale price for 22 RIVERHEAD of £150,000 on 6th January 2023. For the value to have decreased from £150,000 to £143,408 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 22 RIVERHEAD has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The January 2023 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RIVERHEAD has not materially changed since January 2023.

How Large is 22 RIVERHEAD?

22 RIVERHEAD is 58m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% 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 22 RIVERHEAD lies on this distribution: 3% of terraced houses houses are smaller than 22 RIVERHEAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Louth.

22 RIVERHEAD: Plot and Title Map

22 RIVERHEAD sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 22 RIVERHEAD, 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 22 RIVERHEAD). 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 22 RIVERHEAD?

22 RIVERHEAD is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 22 on RIVERHEAD.