Willow Lake, Louth
Willow Lake, Louth
Description & Estimates
Willow Lake, Louth is recorded publicly as a period freehold house across 1,657 ft2 of internal area, sitting on a 1,399 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Willow Lake, Louth is £405,540 and its rental estimate is £1,391 per month, given the available information and assuming reasonable condition.
Tathwell, Louth, LN11 falls within the LN11 postal district, in the borough of East Lindsey.
Our Data Sources
Willow Lake, Louth has a single entry in the Land Registry from March 2010 and a single entry in the EPC database dated June 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Willow Lake, Louth, we estimate a market value of £425,817 and a rental value of £1,461 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £377,153 and £1,294 per month respectively.
Recent Market Change
Over the last year, Willow Lake, Louth has seen its estimated sale value drop by £16,285 (4.0%) and its estimated rental value rise by £35 per month (2.5%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for Willow Lake, Louth as measuring 1,399 m2.
That makes it the 6th largest plot in the postcode, where 26 of the 45 other houses have recorded plot data.
Energy Efficiency
Willow Lake, Louth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Willow Lake, Louth completed on 2nd March 2010 at £265,000 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 risen by 37.9% over the period since March 2010.
- Sold Mar 2010£265,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Willow Lake, Louth have sold within a radius of 4.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd June 2021, was Grace Cottage, Louth, LN11 9SR, a freehold house which sold for £425,000.
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 68 addresses on Tathwell, Louth, LN11, Willow Lake, Louth comes out as the 19th largest and the 14th most expensive in our analysis of the public data.
It is also £178k more expensive than the average property across the LN11 district.
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Schools Nearby
- 4.4kmKidgate Academy
- 4.5kmSt Michael's Church of England School, Louth
- 4.9kmEastfield Infants and Nursery Academy
- 4.2kmKing Edward VI Grammar School
- 4.6kmLouth Academy
- 14.7kmQueen Elizabeth's Grammar Alford - A Selective Academy
More reading links
Public Transport Nearby
From Willow Lake, Louth, the nearest station is Market Rasen, 22.1 kilometres away.
- 22.1kmMarket Rasen
- 26.1kmCleethorpes
- 26.8kmGrimsby Town
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
