27, STATION APPROACH, LOUTH, LN11 0PS - £133,000

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.

27 STATION APPROACH is a very small terraced house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £153,448. It was last sold for £133,000 in November 2020, which was around 10% above the average November 2020 terraced price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

27 STATION APPROACH Sold Prices

Land registry data shows four sales for 27 STATION APPROACH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. All of the four 27 STATION APPROACH 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
2020 2 NOV	£133,000	£120,426	10% above HPI
2006 12 APR	£120,000	£96,120	25% above HPI
2005 6 JUN	£113,000	£91,556	23% above HPI
2000 29 NOV	£53,000	£36,010	47% above HPI

27 STATION APPROACH 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 four 27 STATION APPROACH sales between November 2000 and November 2020 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 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 27 STATION APPROACH be worth now?

27 STATION APPROACH might now be worth an estimated £153,448.

This is based on house price inflation of 15.4%, between November 2020 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 15.4% inflationary increase is applied to the most recent sale price for 27 STATION APPROACH of £133,000 on 2nd November 2020. For the value to have increased from £133,000 to £153,448 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 27 STATION APPROACH has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The November 2020 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 27 STATION APPROACH has not materially changed since November 2020.

How Large is 27 STATION APPROACH?

27 STATION APPROACH is 66m² according to the EPC inspection conducted in July 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 27 STATION APPROACH lies on this distribution: 7% of terraced houses houses are smaller than 27 STATION APPROACH, and 93% of houses are larger. Note that EPC data is not available for all properties in Louth.

27 STATION APPROACH: Plot and Title Map

27 STATION APPROACH sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 27 STATION APPROACH, 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 27 STATION APPROACH). 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 27 STATION APPROACH?

27 STATION APPROACH is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 27 on STATION APPROACH.