48, TUDOR DRIVE, LOUTH, LN11 9EE - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 TUDOR DRIVE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £250,000 in December 2022, which was around 12% below the average December 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

48 TUDOR DRIVE Sold Prices

Land registry data shows two sales for 48 TUDOR DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 48 TUDOR DRIVE 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
2022 2 DEC	£250,000	£284,149	12% below HPI
2008 25 APR	£145,000	£177,207	18% below HPI

48 TUDOR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 48 TUDOR DRIVE sales from April 2008 and December 2022 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 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 48 TUDOR DRIVE?

48 TUDOR DRIVE is 74m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Louth, based on EPC data. The below chart shows the distribution of detached houses by size in Louth, and where 48 TUDOR DRIVE lies on this distribution: 12% of detached houses are smaller than 48 TUDOR DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Louth.

48 TUDOR DRIVE: Plot and Title Map

48 TUDOR DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 48 TUDOR DRIVE, 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 48 TUDOR DRIVE). 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 48 TUDOR DRIVE?

48 TUDOR DRIVE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 48 on TUDOR DRIVE.