Sold STC Terraced

15 UNION STREET

LOUTH, LINCOLNSHIRE LN11 0ES

2 beds 1 baths 657 sq ft Listed 10 Oct 2022 (-1323d)

£166,500

Reduced on 21 Dec 2022

Save

# 2 bedroom terraced house for sale (LN11 0ES)

## Property Details

| Key | Value |
|-----|-------|
| Address | 15 UNION STREET, LOUTH, LINCOLNSHIRE LN11 0ES |
| Price | £166,500 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 61 m² |
| Last sold | £162,000 May 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** B
- **Current heating cost:** £646/year
- **Est. upgrade cost to C:** £33,875

### Recommendations
- A2 (£850 - £1,500)
- B (£500 - £1,500)
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- F (£200 - £400)
- G (£350 - £450)
- I (£2,200 - £3,000)
- N (£4,000 - £6,000)
- O (£3,300 - £6,500)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8412-8724-0030-0456-7292)

## Description

Lovelle Estate Agency are delighted to bring to the market this well presented, charming two bedroom period townhouse located a short walk from the market town centre of Louth. The property boasts off road parking in the form of a driveway as well as well planned, deceptively spacious living and sleeping accommodation with views towards St James Church. The manageable gardens to the front and rear make this the ideal first time buyer property. Internal viewing is an absolute must to appreciate what this property has to offer.

EPC rating: E. Council tax band: A, Tenure: Freehold,

## Property Photos

- ![Photo](/listings/photos/127896140/191637)
- ![Photo](/listings/photos/127896140/191638)
- ![Photo](/listings/photos/127896140/191639)
- ![Photo](/listings/photos/127896140/191640)
- ![Photo](/listings/photos/127896140/191641)
- ![Photo](/listings/photos/127896140/191642)
- ![Photo](/listings/photos/127896140/191643)
- ![Photo](/listings/photos/127896140/191644)
- ![Photo](/listings/photos/127896140/191645)
- ![Photo](/listings/photos/127896140/191646)
- ![Photo](/listings/photos/127896140/191647)
- ![Photo](/listings/photos/127896140/191648)
- ![Photo](/listings/photos/127896140/191649)
- ![Photo](/listings/photos/127896140/191650)
- ![Photo](/listings/photos/127896140/191651)
- ![Photo](/listings/photos/127896140/191652)
- ![Photo](/listings/photos/127896140/191653)
- ![Photo](/listings/photos/127896140/191654)
- ![Photo](/listings/photos/127896140/191655)

## Floorplans

- ![Floorplan](/listings/photos/127896140/191656) - Floorplan

## EPC Graphs

- ![EPC Certificate](/listings/photos/127896140/191657) - EPC Certificate

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 15 UNION STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0ES | £162,000 | 22/05/2023 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 32 BRIDGE STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0DP | £440,000 | 21/04/2023 | Terraced |
| 2 CISTERN GATE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0ER | £180,000 | 20/04/2023 | Terraced |
| 7 NICHOL HILL, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 9NQ | £120,000 | 20/11/2022 | Terraced |
| 6 GRAYS ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EL | £100,000 | 17/10/2022 | Terraced |
| 18 GRIMSBY ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0DY | £160,000 | 10/10/2022 | Terraced |
| 9 GRAYS ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EL | £128,000 | 04/07/2022 | Terraced |
| [Same street] 17 UNION STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0ES | £190,000 | 24/05/2022 | Terraced |
| 4 NICHOL HILL, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 9NQ | £150,000 | 14/04/2022 | Terraced |
| 13 HIGH HOLME ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EX | £280,125 | 09/02/2022 | Terraced |
| [Same street] 9 UNION STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0ES | £232,000 | 13/01/2022 | Terraced |
| THE COACH HOUSE BRIDGE STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0DR | £379,500 | 11/01/2022 | Terraced |
| [Same street] 7 UNION STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0ES | £185,000 | 20/12/2021 | Semi-detached |
| 6 GRAYS ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EL | £115,000 | 03/12/2021 | Terraced |
| 21 HIGH HOLME ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EX | £320,000 | 13/10/2021 | Terraced |
| 57 BROADBANK, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EW | £145,000 | 30/09/2021 | Terraced |
| 6 SPOUT YARD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0LW | £135,000 | 25/08/2021 | Terraced |
| 61 BROADBANK, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EW | £170,000 | 17/08/2021 | Terraced |
| 9 NICHOL HILL, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 9NQ | £92,500 | 25/06/2021 | Terraced |

**Street average:** £202,333 (3 sales)
**Area average:** £194,342 (15 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £157,674 (19 Terraced, LN11, 2024–2026)
- **Deviation:** +5.6%

## Rental Range

*ONS Price Index of Private Rents (East Lindsey). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £618/mo
- **Realistic:** £687/mo
- **Optimistic:** £756/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Wolds and Coast (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £494/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed End Terrace, High Holme Road, LN11 | £600/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed End Terrace, Kidgate, LN11 | £650/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed End Terrace, Elizabeth Court Church Street, LN11 | £675/mo | 2 | 0.41 miles | OpenRent |
| 2 Bed Terraced House, Church Street, LN11 | £750/mo | 2 | 0.57 miles | OpenRent |
| 2 Bed Terraced House, Trinity Lane, LN11 | £600/mo | 2 | 0.63 miles | OpenRent |
| 2 Bed Bungalow, Plover Grove, LN11 | £695/mo | 2 | 0.71 miles | OpenRent |
| 2 Bed End Terrace, Eastfield Road, LN11 | £625/mo | 2 | 0.93 miles | OpenRent |
| 2 Bed Terraced House, Cherry Way, LN11 | £795/mo | 2 | 1.19 miles | OpenRent |

**Average rent: £674/mo (8 listings)**

## 1% Rule

- **Rent ratio:** 0.4% (weak for cashflow)
- **Max investor price (0.8%):** £82,875
- **Target investor price (1%):** £66,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £663/mo).*

- **Gross yield:** 4.8%
- **Cost-to-rent:** 20.9×
- **Monthly cashflow:** £-84/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,730/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 21.5%
- **10y growth:** 38.4%

## House Price Index (HM Land Registry)

*Official index for East Lindsey; Terraced series; as of February 2026.*

- **1y growth (index):** 1%
- **5y growth (index):** 20.6%
- **10y growth (index):** 50.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19

/ 19

Property details

Tenure

FREEHOLD

Floor area

61 m²

EPC rating

Year built

England and Wales: 1930-1949

Last sold

£162,000 May 2023

Price per m²

£2,730/m²

Local average

£157,674 (+5.6%)

Deprivation

Decile 4 (10,303 of 33,755)

Street crime

155 incidents within 1 mile (Mar 2026)

Key features

Town Centre Period Property
Well Presented Home
Spacious Lounge Diner
Kitchen
Two Double Bedrooms
Bathroom
Front and Rear Gardens
Driveway Providing Off Road Parking

Additional details

Heating: Gas central
Parking: Driveway
Garden: Private garden

Description

Listed by

Louth

Lovelle Estate Agency

Reference: 127896140

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 16/04/2022

Current heating cost: £646/year

Potential heating cost: £294/year

Est. upgrade cost to C: £33,875

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Flat roof or sloping ceiling insulation (£850 - £1,500)
Cavity wall insulation (£500 - £1,500)
50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (solid floor) (£4,000 - £6,000)
Hot water cylinder thermostat (£200 - £400)
Upgrade heating controls (£350 - £450)
Replace boiler with new condensing boiler (£2,200 - £3,000)
Solar water heating (£4,000 - £6,000)
Replace single glazed windows with low-E double glazing (£3,300 - £6,500)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Certificate

Price history

Event	Date	Price	% change
Sold	22/05/2023 (3 years ago)	£162,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
32 BRIDGE STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0DP	£440,000	21/04/2023	Terraced
2 CISTERN GATE, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0ER	£180,000	20/04/2023	Terraced
7 NICHOL HILL, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 9NQ	£120,000	20/11/2022	Terraced
6 GRAYS ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EL	£100,000	17/10/2022	Terraced
18 GRIMSBY ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0DY	£160,000	10/10/2022	Terraced
9 GRAYS ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EL	£128,000	04/07/2022	Terraced
Same street 17 UNION STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0ES	£190,000	24/05/2022	Terraced
4 NICHOL HILL, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 9NQ	£150,000	14/04/2022	Terraced
13 HIGH HOLME ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EX	£280,125	09/02/2022	Terraced
Same street 9 UNION STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0ES	£232,000	13/01/2022	Terraced
THE COACH HOUSE BRIDGE STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0DR	£379,500	11/01/2022	Terraced
Same street 7 UNION STREET, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0ES	£185,000	20/12/2021	Semi-detached
6 GRAYS ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EL	£115,000	03/12/2021	Terraced
21 HIGH HOLME ROAD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EX	£320,000	13/10/2021	Terraced
57 BROADBANK, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EW	£145,000	30/09/2021	Terraced
6 SPOUT YARD, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0LW	£135,000	25/08/2021	Terraced
61 BROADBANK, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 0EW	£170,000	17/08/2021	Terraced
9 NICHOL HILL, LOUTH, EAST LINDSEY, LINCOLNSHIRE, LN11 9NQ	£92,500	25/06/2021	Terraced

Street average: £202,333 (3 sales)

Area average: £194,342 (15 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 21.5%

10y growth 38.4%

House Price Index (HM Land Registry — official index, not sold-price averages): East Lindsey. Series: Terraced. As of February 2026.

1y (index) 1%

5y (index) 20.6%

10y (index) 50.2%

Rental Range

Estimated market rent for East Lindsey. Low = conservative, Realistic = average, Optimistic = best case.

Low £618/mo

Realistic £687/mo

Optimistic £756/mo

Based on Local Authority from postcode lookup → East Lindsey.

LHA (30th percentile) floor for Wolds and Coast: £494/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LN11 0ES

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Louth Hospital	0.1 miles
Shop	Beaumont's	0.1 miles
Shop	Lakings of Louth	0.2 miles
Hospital	County Hospital Louth	0.2 miles
Train station	Ludborough	5.3 miles
Train station	North Thoresby	6.9 miles
Hospital	Horncastle War Memorial Hospital	11.8 miles

Street-level crime

Category	Count
Violence and sexual offences	51
Anti-social behaviour	49
Public order	13
Criminal damage and arson	12
Other theft	8
Shoplifting	8
Other crime	6
Burglary	3
Robbery	3
Vehicle crime	2
Total incidents	155

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Greenwich House School	Other	0.3 miles	Good — 16 May 2024
King Edward VI Grammar School	Secondary	0.3 miles	Good — 10 Jun 2024
Louth Kidgate Primary Academy	Primary	0.4 miles	— (Inspected (no overall grade))
St Michael's Church of England School, Louth	Primary	0.6 miles	Good — 10 Nov 2011
Louth Academy	Secondary	0.6 miles	Good — 22 Mar 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed End Terrace, High Holme Road, LN11	£600/mo	2	0.19 miles	OpenRent
2 Bed End Terrace, Kidgate, LN11	£650/mo	2	0.35 miles	OpenRent
2 Bed End Terrace, Elizabeth Court Church Street, LN11	£675/mo	2	0.41 miles	OpenRent
2 Bed Terraced House, Church Street, LN11	£750/mo	2	0.57 miles	OpenRent
2 Bed Terraced House, Trinity Lane, LN11	£600/mo	2	0.63 miles	OpenRent
2 Bed Bungalow, Plover Grove, LN11	£695/mo	2	0.71 miles	OpenRent
2 Bed End Terrace, Eastfield Road, LN11	£625/mo	2	0.93 miles	OpenRent
2 Bed Terraced House, Cherry Way, LN11	£795/mo	2	1.19 miles	OpenRent

Average rent: £674/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.4%

Max investor price (0.8%) £82,875

Target investor price (1%) £66,300

Gross yield 4.8%

Cost-to-rent ratio 20.9×

Monthly cashflow £-84/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -2.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Download brochure