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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 ALFRED SMITH WAY is a very large extended detached house of 261m², built sometime between 1976 and 1982, which could now be worth an estimated £553,941. It was last sold for £192,000 in April 2002, which was around 94% 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	£99,217	94% above HPI
2001 11 DEC	£192,000	£93,670	105% above HPI
1998 10 AUG	£121,000	£65,327	85% 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 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the April 2002 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might 14 ALFRED SMITH WAY be worth now?

14 ALFRED SMITH WAY might now be worth an estimated £553,941.

This is based on house price inflation of 188.5%, between April 2002 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 188.5% inflationary increase is applied to the most recent sale price for 14 ALFRED SMITH WAY of £192,000 on 29th April 2002. For the value to have increased from £192,000 to £553,941 over the 23 years and two months to February 2025, the following assumptions must hold true:

• The value of 14 ALFRED SMITH WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2002 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ALFRED SMITH WAY has not materially changed since April 2002.

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 houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Legbourne, and where 14 ALFRED SMITH WAY lies on this distribution: 97% of detached houses 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.