4, Lavender Way
4, Lavender Way
Description & Estimates
4, Lavender Way, Louth is recorded publicly as a modern freehold house across 2,055 ft2 of internal area, sitting on a 466 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 4, Lavender Way, Louth is £323,222 and its rental estimate is £1,466 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
4, Lavender Way, Louth has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated October 2020.
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 4, Lavender Way, Louth, we estimate a market value of £339,383 and a rental value of £1,540 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £300,596 and £1,364 per month respectively.
Recent Market Change
Over the last year, 4, Lavender Way, Louth has seen its estimated sale value fall by £13,290 (4.1%) and its estimated rental value move up by £28 per month (1.9%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 4, Lavender Way, Louth as measuring 466 m2.
That makes it the 2nd largest plot in the postcode, where 8 of the 27 other houses have recorded plot data.
Energy Efficiency
4, Lavender Way, Louth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 2020.
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 4, Lavender Way, Louth completed on 16th October 2020 at £350,000 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 dropped by 14.9% over the period since October 2020.
- Sold Oct 2020£350,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Lavender Way, Louth have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2024, was 107, Buddleia Drive, Louth, LN11 8FX, a freehold house which sold for £459,950.
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, 4, Lavender Way, Louth comes out as the 2nd largest and the 7th most expensive in our analysis of the public data.
It is also £96k more expensive than the average property across the LN11 district.
More reading links
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 4, Lavender Way, Louth, the nearest station is Cleethorpes, 23.0 kilometres away.
- 23.0kmCleethorpes
- 23.6kmMarket Rasen
- 24.0kmGrimsby Town
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
