2 Spring Terrace

    2, SPRING TERRACE, LOUTH, LN11 0LP

    This terraced freehold property on Spring Terrace last sold in July 2011 for £110,000. Based on price growth in the LN11 district since then, its estimated current value is £158,364 — placing it in the 14th percentile nationally and the 22nd percentile within LN11. The property covers 64 m² (689 sq ft), giving an estimated value of £2,474 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £110,000

    Jul 2011

    Estimated Valuation

    £158,364

    Est. £/sq ft

    £230/sq ft

    £2,474/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateOct 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jul 2011

    £110,000

    19 Dec 2006

    £97,500

    23 May 2002

    £35,000

    Key Metrics

    Estimated valuation£158,364
    Value per sq ft / m²£230/sq ft (£2,474/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN11 district percentile22nd percentile
    National percentile14th percentile

    District Context — LN11

    LN11 covers the Mablethorpe and Sutton on Sea area on the Lincolnshire coast, south of Grimsby. It is a seaside locality with a mix of retirement homes, holiday accommodation, and established residential communities.

    Average Property Price - LN11

    £257,331

    30

    National percentile

    Average Net Household Income - LN11

    £34,435

    28

    National percentile

    10-Year Annualised Price Growth - LN11

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN11

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