3, HAWKSMEDE WAY, LOUTH, LN11 0SR - £169,000

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.

3 HAWKSMEDE WAY is a very small terraced house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £219,412. It was last sold for £169,000 in June 2017, which was around 58% above the average June 2017 terraced price in the East Lindsey local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

3 HAWKSMEDE WAY Sold Prices

Land registry data shows two sales for 3 HAWKSMEDE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. One of the two 3 HAWKSMEDE WAY 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 26 JUN	£169,000	£107,018	58% above HPI
2006 18 OCT	£65,000	£96,821	33% below HPI

3 HAWKSMEDE WAY 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 two 3 HAWKSMEDE WAY sales from October 2006 and June 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 October 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2017 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 3 HAWKSMEDE WAY be worth now?

3 HAWKSMEDE WAY might now be worth an estimated £219,412.

This is based on house price inflation of 29.8%, between June 2017 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 29.8% inflationary increase is applied to the most recent sale price for 3 HAWKSMEDE WAY of £169,000 on 26th June 2017. For the value to have increased from £169,000 to £219,412 over the eight years to June 2025, the following assumptions must hold true:

• The value of 3 HAWKSMEDE WAY has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The June 2017 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HAWKSMEDE WAY has not materially changed since June 2017.

How Large is 3 HAWKSMEDE WAY?

3 HAWKSMEDE WAY is 76m² according to the EPC inspection conducted in April 2013. 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 3 HAWKSMEDE WAY lies on this distribution: 14% of terraced houses houses are smaller than 3 HAWKSMEDE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Louth.

3 HAWKSMEDE WAY: Plot and Title Map

3 HAWKSMEDE WAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 3 HAWKSMEDE WAY, 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 3 HAWKSMEDE WAY). 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 3 HAWKSMEDE WAY?

3 HAWKSMEDE WAY is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 3 on HAWKSMEDE WAY.