7, ANDREWS CLOSE, LOUTH, LN11 0BP - £167,000

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.

7 ANDREWS CLOSE is a small semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £255,284. It was last sold for £167,000 in April 2016, which was around 32% above the average April 2016 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

7 ANDREWS CLOSE Sold Prices

Land registry data shows two sales for 7 ANDREWS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 7 ANDREWS CLOSE 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
2016 29 APR	£167,000	£126,379	32% above HPI
2010 22 OCT	£100,000	£114,474	13% below HPI

7 ANDREWS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 7 ANDREWS CLOSE sales from October 2010 and April 2016 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 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2016 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 7 ANDREWS CLOSE be worth now?

7 ANDREWS CLOSE might now be worth an estimated £255,284.

This is based on house price inflation of 52.9%, between April 2016 and March 2025, for semi-detached 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 52.9% inflationary increase is applied to the most recent sale price for 7 ANDREWS CLOSE of £167,000 on 29th April 2016. For the value to have increased from £167,000 to £255,284 over the nine years and one month to March 2025, the following assumptions must hold true:

• The value of 7 ANDREWS CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The April 2016 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ANDREWS CLOSE has not materially changed since April 2016.

How Large is 7 ANDREWS CLOSE?

7 ANDREWS CLOSE is 86m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% of semi-detached houses houses in Louth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Louth, and where 7 ANDREWS CLOSE lies on this distribution: 25% of semi-detached houses houses are smaller than 7 ANDREWS CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Louth.

7 ANDREWS CLOSE: Plot and Title Map

7 ANDREWS CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 7 ANDREWS CLOSE, 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 7 ANDREWS CLOSE). 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 7 ANDREWS CLOSE?

7 ANDREWS CLOSE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 7 on ANDREWS CLOSE.