11, THE HOLLOWS, LEGBOURNE, LOUTH, LN11 8NF - £370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 THE HOLLOWS is a midsized detached house of 130m², built sometime between 2003 and 2006. It was last sold for £370,000 in February 2024, which was around 38% above the average February 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

11 THE HOLLOWS Sold Prices

Land registry data shows three sales for 11 THE HOLLOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 11 THE HOLLOWS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 5 FEB	£370,000	£267,361	38% above HPI
2022 21 NOV	£410,000	£282,579	45% above HPI
2001 23 FEB	£100,000	£76,870	30% above HPI

11 THE HOLLOWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 11 THE HOLLOWS sales between February 2001 and February 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2022 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the February 2024 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 11 THE HOLLOWS?

11 THE HOLLOWS is 130m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 50% of detached houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Legbourne, and where 11 THE HOLLOWS lies on this distribution: 43% of detached houses are smaller than 11 THE HOLLOWS, and 56% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

11 THE HOLLOWS: Plot and Title Map

11 THE HOLLOWS sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 11 THE HOLLOWS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 THE HOLLOWS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 THE HOLLOWS?

11 THE HOLLOWS is located in LEGBOURNE, in the LN11 postcode district. The below map shows the position of No. 11 on THE HOLLOWS.