8, JACOBS CLOSE, UTTERBY, LOUTH, LN11 0GJ - £280,000

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.

8 JACOBS CLOSE is a large detached house of 163m², built sometime between 2003 and 2006, which could now be worth an estimated £361,645. It was last sold for £280,000 in May 2017, which was around 37% above the average May 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was F.

8 JACOBS CLOSE Sold Prices

Land registry data shows two sales for 8 JACOBS CLOSE 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 8 JACOBS CLOSE 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
2017 9 MAY	£280,000	£203,787	37% above HPI
2004 11 AUG	£240,250	£163,467	47% above HPI

8 JACOBS CLOSE 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 8 JACOBS CLOSE sales from August 2004 and May 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 August 2004 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2017 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 8 JACOBS CLOSE be worth now?

8 JACOBS CLOSE might now be worth an estimated £361,645.

This is based on house price inflation of 29.2%, between May 2017 and June 2025, for 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 29.2% inflationary increase is applied to the most recent sale price for 8 JACOBS CLOSE of £280,000 on 9th May 2017. For the value to have increased from £280,000 to £361,645 over the seven years and eleven months to June 2025, the following assumptions must hold true:

• The value of 8 JACOBS CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 JACOBS CLOSE has not materially changed since May 2017.

How Large is 8 JACOBS CLOSE?

8 JACOBS CLOSE is 163m² according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses houses in Utterby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Utterby, and where 8 JACOBS CLOSE lies on this distribution: 61% of detached houses houses are smaller than 8 JACOBS CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Utterby.

8 JACOBS CLOSE: Plot and Title Map

8 JACOBS CLOSE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 8 JACOBS 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 8 JACOBS 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 8 JACOBS CLOSE?

8 JACOBS CLOSE is located in UTTERBY, in the LN11 postcode district. The below map shows the position of No. 8 on JACOBS CLOSE.