22, Elm Drive
22, Elm Drive
Description & Estimates
22, Elm Drive, Louth is recorded publicly as a mid-century freehold house across 1,614 ft2 of internal area, sitting on a 348 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 22, Elm Drive, Louth is £279,252 and its rental estimate is £1,202 per month, given the available information and assuming reasonable condition.
Elm Drive, Louth, LN11 falls within the LN11 postal district, in the borough of East Lindsey.
Our Data Sources
22, Elm Drive, Louth has a single entry in the Land Registry from July 2015 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 22, Elm Drive, Louth, we estimate a market value of £293,214 and a rental value of £1,263 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £259,704 and £1,118 per month respectively.
Recent Market Change
Over the last year, 22, Elm Drive, Louth has seen its estimated sale value drop by £11,214 (4.0%) and its estimated rental value rise by £30 per month (2.5%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 22, Elm Drive, Louth as measuring 348 m2.
That makes it the 5th largest plot in the postcode, where all 16 other houses have recorded plot data.
Energy Efficiency
22, Elm Drive, Louth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 22, Elm Drive, Louth completed on 20th July 2015 at £188,000 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 risen by 42.8% over the period since July 2015.
- Sold Jul 2015£188,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 22, Elm Drive, Louth have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th July 2023, was 12, Victoria Road, Louth, LN11 0BX, a freehold house which sold for £300,000.
Read more about house prices in LN11.
- Sold Jul 2023£300,000 | 4 Bed House12, Victoria Road, Louth, LN11 0BX12, Victoria Road, Louth, LN11 0BX
- Sold Jun 2021£292,000 | 4 Bed House33, Charles Avenue, Louth, LN11 0BG33, Charles Avenue, Louth, LN11 0BG
- Sold Aug 2018£225,000 | 4 Bed House37, Charles Avenue, Louth, LN11 0BG37, Charles Avenue, Louth, LN11 0BG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 28 addresses on Elm Drive, Louth, LN11, 22, Elm Drive, Louth comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £52k more expensive than the average property across the LN11 district.
More reading links
Schools Nearby
- 800mLacey Gardens Junior Academy
- 900mEastfield Infants and Nursery Academy
- 1.3kmSt Michael's Church of England School, Louth
- 1.1kmLouth Academy
- 1.9kmKing Edward VI Grammar School
- 11.4kmSomercotes Academy
More reading links
Public Transport Nearby
From 22, Elm Drive, Louth, the nearest station is Cleethorpes, 20.9 kilometres away.
- 20.9kmCleethorpes
- 22.0kmGrimsby Town
- 22.6kmNew Clee
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
