THE WILLOWS, BRACKEN WAY, LOUTH, LN11 0GA - £165,000

THE WILLOWS is a very small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £165,000 in January 2020, which was around 24% below the average January 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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. One of the two THE WILLOWS sales was for below the average price, whilst the other was 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
2020 31 JAN	£165,000	£215,745	24% below HPI
2000 7 APR	£74,000	£72,404	2% above HPI

THE WILLOWS 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 THE WILLOWS sales from April 2000 and January 2020 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 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 81m² according to the EPC inspection conducted in February 2019. 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 THE WILLOWS lies on this distribution: 20% of detached houses are smaller than THE WILLOWS, and 80% of houses are larger. Note that EPC data is not available for all properties in Louth.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

THE WILLOWS is located on BRACKEN WAY in LOUTH, in the LN11 postcode district. The below map shows the position of THE WILLOWS on BRACKEN WAY.