14, ALFRED SMITH WAY, LEGBOURNE, LOUTH, LN11 8NE - £192,000

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

14 ALFRED SMITH WAY is a very large extended detached house of 261m², built sometime between 1976 and 1982. It was last sold for £192,000 in April 2002, which was around 96% above the average April 2002 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

14 ALFRED SMITH WAY Sold Prices

Land registry data shows three sales for 14 ALFRED SMITH WAY 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 14 ALFRED SMITH WAY 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
2002 29 APR	£192,000	£97,792	96% above HPI
2001 11 DEC	£192,000	£92,325	108% above HPI
1998 10 AUG	£121,000	£64,389	88% above HPI

14 ALFRED SMITH WAY 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 14 ALFRED SMITH WAY sales between August 1998 and April 2002 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 December 2001 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the April 2002 sale, where it falls to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is 14 ALFRED SMITH WAY?

14 ALFRED SMITH WAY is 261m², which includes four extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Legbourne, and where 14 ALFRED SMITH WAY lies on this distribution: 97% of detached houses are smaller than 14 ALFRED SMITH WAY, and 3% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

14 ALFRED SMITH WAY: Plot and Title Map

14 ALFRED SMITH WAY sits on a plot of roughly 0.255 of an acre, or 1,032m². The below map shows the location of 14 ALFRED SMITH WAY, 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 14 ALFRED SMITH WAY). 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 14 ALFRED SMITH WAY?

14 ALFRED SMITH WAY is located in LEGBOURNE, in the LN11 postcode district. The below map shows the position of No. 14 on ALFRED SMITH WAY.