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House Prices in LN11 House Prices in LN11 (Louth)

The average house price in LN11 (Louth) is £335,423 using HM Land Registry data.

The average property price increased by £80,669 (31.96%) over the last 5 years and increased by £16,164 (4.64%) over the last 12 months.

Over the last year, there were 242 residential property sales – a decrease of 243 transactions (-100.41%) relative to the previous year. The majority of house sales (64) were in the £120,000 - £182,000 range. Then came properties in the £182,000 - £244,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,444 (-3%).

In Oct 24, there were 76 new estate agency instructions, 52 agreed home sales and 84 property price reductions.

Nearby Postcodes: DN21, DN32, DN33, DN35, DN36, DN37, LN1, LN10, LN12, LN13, LN2, LN3, LN7, LN8, LN9, PE22, PE23, PE24

5-Year Average Property Prices in LN11 (Louth)

31.96%

Property prices in Louth increased by 31.96% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LN11 (Louth) Over the Last Year

4.64%

Property prices in Louth increased by 4.64% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LN11 (Louth) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LN11 (Louth)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LN11 (Louth)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LN11 (Louth)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LN11 (Louth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LN11 postcode area since 1995.

Recent Sales in LN11 (Louth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Honeysuckle Cottage, Ludney Lane, Ludney, Louth, Lincolnshire, LN11 7JX£435,000£430,000-£5,00026 Dec 202323 Aug 2024241 Days
119a, High Holme Road, Louth, Lincolnshire, LN11 0HD£425,000£400,000-£25,00004 Apr 202415 Aug 2024133 Days
1 Worcester Close, Louth, Lincolnshire, LN11 9FG£340,000£325,000-£15,00008 May 202414 Aug 202498 Days
6 Fulmar Drive, Louth, Lincolnshire, LN11 0ST£149,950£147,000-£2,95015 Apr 202409 Aug 2024116 Days
15 Harewood Crescent, Louth, Lincolnshire, LN11 0JD£210,000£208,500-£1,50030 Mar 202409 Aug 2024132 Days
8 Vanessa Road, Louth, Lincolnshire, LN11 9LF£350,000£332,500-£17,50012 Mar 202409 Aug 2024150 Days
Fairview, Station Road, Legbourne, Louth, Lincolnshire, LN11 8LH£297,999£290,000-£7,99925 Mar 202429 Jul 2024126 Days
183 Eastgate, Louth, Lincolnshire, LN11 8DB£175,000£175,000£0028 Mar 202425 Jul 2024119 Days
4 Glebe Close, Donington On Bain, Louth, Lincolnshire, LN11 9TS£500,000£500,000£0019 Mar 202424 Jul 2024127 Days
5 The Hollows, Legbourne, Louth, Lincolnshire, LN11 8NF£415,000£400,000-£15,00016 Feb 202419 Jul 2024154 Days
45 Coggle Close, Louth, Lincolnshire, LN11 8GL£190,000£190,000£0011 Nov 202311 Jul 2024243 Days
112 High Holme Road, Louth, Lincolnshire, LN11 0HE£259,500£255,000-£4,50006 Mar 202409 Jul 2024125 Days
20 Carters Garth Close, Grainthorpe, Louth, Lincolnshire, LN11 7HT£160,000£141,500-£18,50014 Feb 202405 Jul 2024142 Days
11 Florence Wright Avenue, Louth, Lincolnshire, LN11 8EJ£205,000£200,000-£5,00030 Nov 202324 Jun 2024207 Days
4 Legbourne Road, Louth, Lincolnshire, LN11 8ER£275,000£270,000-£5,00003 Jan 202421 Jun 2024170 Days
1 Little South Street, Louth, Lincolnshire, LN11 9JR£117,000£111,000-£6,00024 Apr 202420 Jun 202457 Days
153 St Bernards Avenue, Louth, Lincolnshire, LN11 8BJ£180,000£180,000£0002 Apr 202417 Jun 202476 Days
16 Vampire Road, Manby, Louth, Lincolnshire, LN11 8TX£155,000£148,000-£7,00010 Apr 202414 Jun 202465 Days
7 Wellington Street, Louth, Lincolnshire, LN11 0JS£147,500£142,000-£5,50025 Jan 202412 Jun 2024139 Days
22 Trinity Lane, Louth, Lincolnshire, LN11 8DL£149,995£145,000-£4,99527 Feb 202412 Jun 2024106 Days

Most Expensive Streets in LN11 (Louth)

PostcodeStreetAreaAverageNo. of Sales
LN11 0QWCrowtree LaneLouth£741,6256
LN11 8GNKenwick ViewLouth£647,27211
LN11 9QTHorncastle RoadLouth£628,1663
LN11 9LDHorncastle RoadLouth£581,1666
LN11 9FJRoman WayLouth£565,0003
LN11 0DTSt Marys LaneLouth£536,57510
LN11 0THChurch Lane, UtterbyLouth£531,20812
LN11 0ZSJacklin Lane, FulstowLouth£520,0003
LN11 9RRRaithby Cum MaltbyLouth£510,3333
LN11 8QYBrinkhillLouth£498,0007

Least Expensive Streets in LN11 (Louth)

PostcodeStreetAreaAverageNo. of Sales
LN11 7WAForlander PlaceLouth£86,8005
LN11 0LZNorthgate CourtLouth£87,9005
LN11 7BALucern CourtLouth£88,9663
LN11 0LYNorthgateLouth£92,3005
LN11 9DDChurch StreetLouth£94,1663
LN11 8UQCarlton Park, ManbyLouth£98,42313
LN11 9JGMercer RowLouth£99,8333
LN11 9ALPriory RoadLouth£100,5007
LN11 0JWJames StreetLouth£104,0007
LN11 7ABCommercial RoadLouth£104,8333

Explore LN11 (Louth) using map

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