37, Lavender Way
37, Lavender Way
Description & Estimates
According to the public record, 37, Lavender Way, Louth is a modern freehold house with 731 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 37, Lavender Way, Louth is £198,930 and the estimated rental value is £904 per month.
Lavender Way, Louth, LN11 is located in the borough of East Lindsey within the LN11 postal district.
Our Data Sources
37, 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
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 37, Lavender Way, Louth is in very good condition we estimate a sale value of £208,877 and a rental value of £950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,005 and a rental value of £841 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 37, Lavender Way, Louth has fallen by £4,929 (2.5%), while its estimated rental value has moved up by £34 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
37, 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
According to HM Land Registry, 37, Lavender Way, Louth was last sold on 19th August 2022 for £154,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped by 16.2%.
- Sold Aug 2022£154,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Lavender Way, Louth within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 87, Buddleia Drive, Louth, LN11 8FX, a freehold house which sold for £179,950 on the 20th June 2024.
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
Lavender Way, Louth, LN11 has a total of 71 addresses. According to our analysis of all the public data, 37, Lavender Way, Louth is the 58th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in LN11.
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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
The closest station to 37, Lavender Way, Louth is Cleethorpes station, which is 23.0 kilometres away.
- 23.0kmCleethorpes
- 23.5kmMarket Rasen
- 24.0kmGrimsby Town
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
