85, UPGATE, LOUTH, LN11 9HF - £95,000

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.

85 UPGATE is a very small extended terraced house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £126,938. It was last sold for £95,000 in April 2018, which was around 12% below the average April 2018 terraced price in the East Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

85 UPGATE Sold Prices

Land registry data shows three sales for 85 UPGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. All of the three 85 UPGATE 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
2018 9 APR	£95,000	£108,405	12% below HPI
2012 28 MAY	£45,000	£88,821	49% below HPI
1995 14 FEB	£27,000	£29,837	10% below HPI

85 UPGATE 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 three 85 UPGATE sales between February 1995 and April 2018 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 May 2012 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the April 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 85 UPGATE be worth now?

85 UPGATE might now be worth an estimated £126,938.

This is based on house price inflation of 33.6%, between April 2018 and May 2026, 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 33.6% inflationary increase is applied to the most recent sale price for 85 UPGATE of £95,000 on 9th April 2018. For the value to have increased from £95,000 to £126,938 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 85 UPGATE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The April 2018 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 85 UPGATE has not materially changed since April 2018.

How Large is 85 UPGATE?

85 UPGATE is 81m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 85 UPGATE lies on this distribution: 19% of terraced houses houses are smaller than 85 UPGATE, and 80% of houses are larger. Note that EPC data is not available for all properties in Louth.

85 UPGATE: Plot and Title Map

85 UPGATE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 85 UPGATE, 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 85 UPGATE). 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 85 UPGATE?

85 UPGATE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 85 on UPGATE.