2, Barley Road
2, Barley Road
Description & Estimates
2, Barley Road, Louth is recorded publicly as a modern freehold house across 1,216 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Barley Road, Louth is £285,189 and its rental estimate is £1,161 per month, given the available information and assuming reasonable condition.
Barley Road, Louth, LN11 falls within the LN11 postal district, in the borough of East Lindsey.
Our Data Sources
2, Barley Road, Louth has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Barley Road, Louth, we estimate a market value of £299,448 and a rental value of £1,219 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £265,225 and £1,079 per month respectively.
Recent Market Change
Over the last year, 2, Barley Road, Louth has seen its estimated sale value move down by £9,691 (3.4%) and its estimated rental value increase by £35 per month (3.0%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
2, Barley Road, Louth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Mar 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Barley Road, Louth completed on 5th April 2024 at £332,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 6.6% over the period since April 2024.
- Sold Apr 2024£332,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Barley Road, Louth have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2024, was 10, Barley Road, Louth, LN11 8GS, a freehold house which sold for £317,995.
Read more about house prices in LN11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 15 addresses on Barley Road, Louth, LN11, 2, Barley Road, Louth comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £58k more expensive than the average property across the LN11 district.
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Schools Nearby
- 1.4kmSt Michael's Church of England School, Louth
- 1.5kmEastfield Infants and Nursery Academy
- 1.6kmLacey Gardens Junior Academy
- 1.5kmLouth Academy
- 1.8kmKing Edward VI Grammar School
- 13.2kmSomercotes Academy
More reading links
Public Transport Nearby
From 2, Barley Road, Louth, the nearest station is Cleethorpes, 23.3 kilometres away.
- 23.3kmCleethorpes
- 23.4kmMarket Rasen
- 24.3kmGrimsby Town
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
