2 SCHOOL HOUSE LANE

£145,206

Full Address

2 SCHOOL HOUSE LANE
LOUTH
LINCOLNSHIRE
UNITED KINGDOM
LN11 9AQ

Estimated Market Value

£145,206

This estimated value is based upon the latest sale price for the house of £118,000 on 7 Aug 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1

There has been one burglary within the last year on or near Somersby Court

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Map

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Transactions for this house
Price PaidDate
£118,0007 Aug 2019
House Details
Semi-Detached
Freehold
Floor Area: 43 sq meters or 462 sq feet

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.

When this house was purchased in August 2019 the House Price Index for LINCOLNSHIRE was 120.8.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.

Applying this 23.056% change to the original purchase price of £118,000 results in an estimated price of approximately £145,206.

7 Aug 2019 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
120.8 148.6 23.056 % £118,000 £27,206 £145,206

The Postcode Pricing Model uses changes in average sales price within the LN11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations

Change % Change £ Estimated Price
1 Month Average -19.265 % £-22,732 £95,267
3 Month Average 22.645 % £26,721 £144,721
6 Month Average 15.794 % £18,636 £136,636
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
1 Mar 2024 £240,000 £240,000 19 EDWARD STREET
29 Jun 2023 £374,537 £370,000 25 GOSPELGATE
14 Mar 2023 £519,898 £515,000 EVERSLEY BRIDGE STREET
1 Sep 2022 £196,414 £198,000 29 WESTGATE
12 Jul 2022 £300,810 £300,000 66 WESTGATE

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House Size

This house has a floor area of 43 sq meters or 462 sq feet when measured on 15 Dec 2018. Using an estimated price of £145,207 means this house is valued at £3,376 per sq meter (£313 per sq foot).

There is one other house on the street which we know the size of, this is 4A SCHOOL HOUSE LANE it is 67.0

Recent Crimes Near Here
DateCrimeOutcomeWhere
Apr 2024 Burglary Investigation complete; no suspect identified On or near Somersby Court
Apr 2024 Criminal damage and arson Under investigation On or near Somersby Court
Mar 2024 Anti-social behaviour On or near Gospelgate
Mar 2024 Anti-social behaviour On or near Gospelgate
Jan 2024 Violence and sexual offences Unable to prosecute suspect On or near Church Close

View full details of these crimes and others in this area

Companies Near Here
GOSPELGATE MANAGEMENT COMPANY LIMITED
9 Somersby Court Louth England LN11 9NN
S.J. LOVELEY LIMITED
9 Edward Street Louth Lincolnshire LN11 9LA
WESTWOOD ENTERPRISES LIMITED
The Lindsay House 43 Westgate Louth 43 Westgate Louth England LN11 9YE
ALCHEMY PICTURES LIMITED
The Lindsay House 43 Westgate Louth England LN11 9YE
DANCOL SOLUTIONS LIMITED
RECTORY MEWS WESTGATE LOUTH LN11 9YE

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People Near Here
MR MARTIN THOMAS CHATTERTON Historic Information ACCOUNTANT
82 WESTGATE, LN11 9YD
MRS TERESA MARY MAYBURY Historic Information TEACHER
FLAT 4 MASSON HOUSE, 58 WESTGATE, LN11 9YD
Mrs Mary Stewart Haynes
40 Westgate , LN11 9YD
GEORGE ALFRED CUPPLEDITCH Historic Information RETIRED
5 CHURCH CLOSE, LN11 9LR
Rev Nicholas James Watson Brown Historic Information
The Rectory 49 Westgate, LN11 9YE
MRS ANN MILLER-GRIFFITHS DIRECTOR
42 WESTGATE, LN11 9YD
Graeme Mcqueen Historic Information
12 Church Close, LN11 9LR
Henry Stewart & Co Limited
40 Westgate , LN11 9YD
MRS JEAN FLORENCE JACKSON Historic Information HOUSEWIFE
EASTHOLME 5 GEORGE STREET, LN11 9JU
Mr Daniel Turner
Rectory Mews Westgate, LN11 9YE
MR Elliot Stephen BEAUMONT Chartered Accountant
5 Grosvenor Court George Street, LN11 9LT
MR GORDON ADAMS Historic Information GAS CONSULTANT
1 SOMERSBY COURT, LN11 9NN
MR MALCOLM LAMB Historic Information DIRECTOR
FLAT 1 MASSON HOUSE, 58 WESTGATE, LN11 9YD
MS JENNIFER LOUISE PERRIN Historic Information SOCIAL WORKER
30 GEORGE STREET, LN11 9JU
MARGARET EILEEN WILLIAMS Historic Information RETIRED
14 GOSPELGATE, LN11 9JX
MS VANESSA PILNY Historic Information
FLAT 2, 56 WESTGATE, LN11 9YD
MRS DIANE SARAH BAXTER Historic Information PA/ADMINISTRATOR
2 SOMERSBY COURT, LN11 9NN
AMANDA JANE HILARY BIRKERT Historic Information PA FINANCIAL CONTROLLER
26 GOSPELGATE, LN11 9JX
TIMOTHY ROGER HAWSON Historic Information PRODUCTION OPERATOR
70 WESTGATE PLACE, LN11 9YD
JOHN KEVIN STANBRIDGE Historic Information WEB DESIGN
47 WESTGATE, LN11 9YE
MRS Emma Louise BEAUMONT Director
5 Grosvenor Court George Street, LN11 9LT
BARBARA MARY OKE Historic Information RETIRED
15 GOSPELGATE, LN11 9JX
FIONA JANET NEWTON Historic Information CONSERVATION OFFICER
16A GEORGE STREET, LN11 9JU
MRS CATHERINE MAYBURY
15 GOSPELGATE, LN11 9JX
MR JOHN ALAN ABBOTT Historic Information
119 GEORGE STREET, LN11 9JU
Mrs Lucy Alexandra Brown Historic Information
The Rectory 49 Westgate, LN11 9YE
MR LEE SAXBY RUNNING COACH
FLAT 1, 56 WESTGATE, LN11 9YD
CHRISTOPHER PAUL MARWOOD Historic Information BUILDER
16 GEORGE STREET, LN11 9JU
NATASHA DELAMERE LEAKE Historic Information SECRETARY
4 GOSPEL GATE, LN11 9JX
Mr Thomas Gerrard Carter
64 Westgate , LN11 9YD
Mrs Catherine Janet Maybury Historic Information
15 Gospelgate, LN11 9JX
HAZEL MARY FOLLETT Historic Information COMPANY DIRECTOR
2 MASSON HOUSE, WESTGATE, LN11 9YD
MR STEPHEN JAMIE LOVELEY TRADESMAN IN REMEDIAL WORKS
9 EDWARD STREET, LN11 9LA
MRS MARGO CHRISTINA STENTON
FLAT 5 MASSON HOUSE 58 WESTGATE, LN11 9YD
GRAEME MCQUEEN DIRECTOR
12 CHURCH CLOSE, LN11 9LR
ELIZABETH MAYLE Historic Information
23 GOSPELGATE, LN11 9JZ
Mrs Lynda Mcqueen Historic Information
12 Church Close , LN11 9LR
ROBIN STUART ATKIN Historic Information TRAVEL AGENT
8 SOMERSBY COURT, LN11 9NN
Mr Nigel Marcus Roth Historic Information
41 Westgate, LN11 9YE
JOCELYN MARY CHATTERTON Historic Information
82 WESTGATE, LN11 9YD
Mr Nigel Wayne Stephenson
28 Gospelgate, LN11 9JX
MR KRISTINN EDWARD STENTON DIRECTOR
FLAT 5 MASSON HOUSE WESTGATE, LN11 9YD
MRS NATALIA SAXBY DIRECTOR
FLAT 1 SUFFOLK HOUSE 56 WESTGATE, LN11 9YD
CHRISTENE MARGARET ADAMS Historic Information RETIRED
1 SOMERSBY COURT, LN11 9NN
Mr Robert Henry Haynes
40 Westgate , LN11 9YD
Mr James Blanchard
The Wheatsheaf Westgate, LN11 9YD
SANDRA ULLYATT Historic Information HOME CARE WORKER
16 GEORGE STREET, LN11 9JU
MR STEPHEN BURTON Historic Information COMPANY DIRECTOR
FLAT 3 58 WESTGATE, LN11 9YD
DAVID MARTYN JONES Historic Information HM FORCES (ARMY)
16B GEORGE STREET, LN11 9JU
KATHRYN HEYWOOD Historic Information
31 EDWARD STREET, LN11 9LA
MR ALAN DAVID GRIFFITHS SALES CONSULTANT
42 WESTGATE, LN11 9YD
Mr Anthony Joseph Burns
60 Westgate , LN11 9YD
LINDA HOWDEN Historic Information
FLAT3 MASSON HOUSE 58 WESTGATE, LN11 9YD
MR EDDIE PICKERILL Historic Information RETIRED
27 GEORGE STREET, LN11 9JU
Mr Roger Michael Maybury Historic Information
15 Gospelgate, LN11 9JX
MRS CATHERINE ALICE BURNS DIRECTOR
60 WESTGATE, LN11 9YD
MR Edwin Thomas DIXON Roofer
2 Gospelgate Mews, Gospelgate, LN11 9JX
ALAN JAMES TOBIN HAULIER
6 SOMERSBY COURT, GOSPELGATE, LN11 9NN

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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