A linear stability analysis of a single-phase Coupled Natural Circulation Loop (CNCL) is carried out using a Fourier series based 1-D model. A 3-D CFD study is undertaken to assess the ability of the 1-D model to capture the nonperiodic oscillatory behaviour exhibited by the CNCL system. After the model verification, the stability maps of the system are obtained from the eigenvalues of the steady-state. The CNCL has multiple steady states and the stability maps of consistently observed steady states are presented. A thorough parametric study is conducted to observe the influence of non-dimensional numbers on the CNCL system. Increase in the Fourier number and flow resistance coefficient lead to an increase in the domain of stability. A comparison of the linear stability map with the empirical stability map indicates that the non-linear terms do not significantly affect the stability boundary.