Fairacre, Louth
Fairacre, Louth
Description & Estimates
The public record lists Fairacre, Louth as a freehold house.
Comparison with its neighbours suggests a period house with 1,860 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
Fairacre, Louth has an estimated sale value of £581,578 and an estimated rental value of £1,995 per month, assuming reasonable condition and based on the information available.
South Somercotes, Louth, LN11 lies in the borough of East Lindsey, within the LN11 postal district.
Our Data Sources
Fairacre, Louth has 41 entries in the Land Registry , most recently in May 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Fairacre, Louth would be worth £610,657, with a potential rental value of £2,095 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £540,867, with a rental value of £1,855 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 Fairacre, Louth has decreased by £23,355 (4.0%) over the last year. During the same period, its estimated monthly rental value has grown by £50 (2.5%). The property's estimated gross yield is currently 4.1%.
Sold Prices
Fairacre, Louth last changed hands on 30th May 2018, selling for £325,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 21.1% since May 2018.
- Sold May 2018£325,000
- Sold Jan 2015£275,000
- Sold Apr 2003£245,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 6.5 kilometres of Fairacre, Louth across the last 2 years.
Most recently, The Old Farm House, Main Road, Louth, LN11 7TP, a freehold house, sold at £570,000 on the 17th July 2025.
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 Fairacre, Louth as the 4th largest and the 2nd most expensive of the 4 addresses on South Somercotes, Louth, LN11.
Against the LN11 postcode district average, it is £354k more expensive than the typical property.
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Schools Nearby
- 2.6kmNorth Somercotes CofE Primary School
- 5.4kmGrainthorpe Junior School
- 6.7kmNorth Cockerington Church of England Primary School
- 3.1kmSomercotes Academy
- 11.3kmLouth Academy
- 12.2kmKing Edward VI Grammar School
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Public Transport Nearby
Cleethorpes station is the nearest stop to Fairacre, Louth at 19.7 kilometres away.
- 19.7kmCleethorpes
- 22.0kmNew Clee
- 22.4kmGrimsby Town
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
