18, MAIN ROAD, LANGWORTH, LINCOLN, LN3 5BJ - £146,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 MAIN ROAD is a small extended detached house of 84m², built sometime before 1900. It was last sold for £146,000 in March 2021, which was around 42% below the average March 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

18 MAIN ROAD Sold Prices

Land registry data shows three sales for 18 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 18 MAIN ROAD sales were for below 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
2021 25 MAR	£146,000	£250,795	42% below HPI
1998 2 JAN	£39,950	£67,362	41% below HPI
1997 20 JUN	£40,000	£65,185	39% below HPI

18 MAIN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 18 MAIN ROAD sales between June 1997 and March 2021 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 January 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 18 MAIN ROAD?

18 MAIN ROAD is 84m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses in Langworth, based on EPC data. The below chart shows the distribution of detached houses by size in Langworth, and where 18 MAIN ROAD lies on this distribution: 28% of detached houses are smaller than 18 MAIN ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Langworth.

18 MAIN ROAD: Plot and Title Map

18 MAIN ROAD sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 18 MAIN ROAD, 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 18 MAIN ROAD). 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 18 MAIN ROAD?

18 MAIN ROAD is located in LANGWORTH, in the LN3 postcode district. The below map shows the position of No. 18 on MAIN ROAD.