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According to the public record, 24, Cherry Way, Louth is a modern freehold house with 1,248 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Cherry Way, Louth is £266,693 and the estimated rental value is £1,162 per month.
Cherry Way, Louth, LN11 is located in the borough of East Lindsey within the LN11 postal district.
24, Cherry Way, Louth has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 24, Cherry Way, Louth is in very good condition we estimate a sale value of £280,027 and a rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,024 and a rental value of £1,081 per month.
Over the last 12 months the sale value of 24 Cherry Way Louth has decreased by an estimated £9,062 (3.4%) and its rental value has increased by an estimated £35 per month (3.0%), giving an expected gross yield of 5.2%.
24, Cherry Way, Louth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 24, Cherry Way, Louth was last sold on 8th September 2023 for £316,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has dropped 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Cherry Way, Louth within a radius of 930 metres over the last 2 years.
The most recent example is 49, Juniper Road, Louth, LN11 7FG, a freehold house which sold for £310,995 on the 28th January 2026.
Read more about house prices in LN11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Way, Louth, LN11 has a total of 10 addresses. According to our analysis of all the public data, 24, Cherry Way, Louth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in LN11.
The closest station to 24, Cherry Way, Louth is Cleethorpes station which is 21.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Cherry Way, Louth, 32.0% of property is privately owned outright and 27.9% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 24, Cherry Way, Louth, 16.7% of residents are recorded as possessing school level qualifications and 27.9% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 24, Cherry Way, Louth, the average age was 49.7 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 24, Cherry Way, Louth, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 24, Cherry Way, Louth, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.