8, Roman Way
8, Roman Way
Description & Estimates
Public records show 8, Roman Way, Louth to be a modern freehold house with 2,378 ft2 of internal area.
In this area, houses of this size normally have 5 bedrooms with a garden.
8, Roman Way, Louth has an estimated sale value of £563,964 and an estimated rental value of £1,987 per month, assuming reasonable condition and based on the information available.
Roman Way, Louth, LN11 lies in the borough of East Lindsey, within the LN11 postal district.
Our Data Sources
8, Roman Way, Louth has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated November 2023.
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
In very good condition, we estimate 8, Roman Way, Louth would be worth £592,162, with a potential rental value of £2,086 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £524,486, with a rental value of £1,848 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Roman Way, Louth has fallen by £23,188 (4.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £38 (1.9%). The property's estimated gross yield is currently 4.2%.
Energy Efficiency
8, Roman Way, Louth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
8, Roman Way, Louth last changed hands on 8th December 2023, selling for £575,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 21.1% since December 2023.
- Sold Dec 2023£575,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 940 metres of 8, Roman Way, Louth across the last 2 years.
Most recently, 2, Roman Way, Louth, LN11 9FJ, a freehold house, sold at £550,000 on the 13th 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
Our analysis of the public data ranks 8, Roman Way, Louth as the 17th largest and the 16th most expensive of the 18 addresses on Roman Way, Louth, LN11.
Against the LN11 postcode district average, it is £336k more expensive than the typical property.
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Schools Nearby
- 800mKidgate Academy
- 1.0kmSt Michael's Church of England School, Louth
- 1.5kmEastfield Infants and Nursery Academy
- 500mKing Edward VI Grammar School
- 1.1kmLouth Academy
- 13.6kmSomercotes Academy
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Public Transport Nearby
Market Rasen station is the nearest stop to 8, Roman Way, Louth at 22.0 kilometres away.
- 22.0kmMarket Rasen
- 22.5kmCleethorpes
- 23.3kmGrimsby Town
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
