35, Lavender Way
35, Lavender Way
Description & Estimates
35, Lavender Way, Louth is recorded publicly as a modern freehold house across 839 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 35, Lavender Way, Louth is £214,173 and its rental estimate is £969 per month, given the available information and assuming reasonable condition.
Lavender Way, Louth, LN11 falls within the LN11 postal district, in the borough of East Lindsey.
Our Data Sources
35, Lavender Way, Louth has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated August 2022.
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 35, Lavender Way, Louth, we estimate a market value of £224,882 and a rental value of £1,017 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,181 and £901 per month respectively.
Recent Market Change
Over the last year, 35, Lavender Way, Louth has seen its estimated sale value move down by £7,277 (3.4%) and its estimated rental value increase by £29 per month (3.0%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
35, Lavender Way, Louth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Aug 2022.
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 35, Lavender Way, Louth completed on 25th August 2022 at £169,950 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 10.1% over the period since August 2022.
- Sold Aug 2022£169,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 35, Lavender Way, Louth have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 89, Buddleia Drive, Louth, LN11 8FX, a freehold house which sold for £160,000.
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 71 addresses on Lavender Way, Louth, LN11, 35, Lavender Way, Louth comes out as the 54th largest and the 50th most expensive in our analysis of the public data.
It is also £13k less expensive than the average property across the LN11 district.
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Schools Nearby
- 1.2kmSt Michael's Church of England School, Louth
- 1.3kmEastfield Infants and Nursery Academy
- 1.3kmLacey Gardens Junior Academy
- 1.3kmLouth Academy
- 1.8kmKing Edward VI Grammar School
- 12.8kmSomercotes Academy
More reading links
Public Transport Nearby
From 35, Lavender Way, Louth, the nearest station is Cleethorpes, 23.0 kilometres away.
- 23.0kmCleethorpes
- 23.5kmMarket Rasen
- 24.0kmGrimsby Town
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
