2, COWLE LANE, LEGBOURNE, LOUTH, LN11 8LP - £164,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 COWLE LANE is a very small semi-detached house of 71m², built sometime between 1976 and 1982. It was last sold for £164,000 in January 2019, which was around 26% below the average January 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

2 COWLE LANE Sold Prices

Land registry data shows five sales for 2 COWLE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 2 COWLE LANE 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
2019 16 JAN	£164,000	£223,095	26% below HPI
2014 9 SEP	£130,000	£177,757	27% below HPI
2009 1 JUN	£85,000	£161,919	48% below HPI
2006 13 MAR	£95,000	£168,359	44% below HPI
1998 6 FEB	£43,000	£62,385	31% below HPI

2 COWLE LANE 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 five 2 COWLE LANE sales between February 1998 and January 2019 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 September 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 COWLE LANE?

2 COWLE LANE is 71m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 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 2 COWLE LANE lies on this distribution: 4% of detached houses are smaller than 2 COWLE LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

2 COWLE LANE: Plot and Title Map

2 COWLE LANE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 COWLE LANE, 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 2 COWLE LANE). 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 2 COWLE LANE?

2 COWLE LANE is located in LEGBOURNE, in the LN11 postcode district. The below map shows the position of No. 2 on COWLE LANE.