3, ALFRED SMITH WAY, LEGBOURNE, LOUTH, LN11 8NE - £231,000

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

3 ALFRED SMITH WAY is a small detached house of 124m², built sometime between 1967 and 1975. It was last sold for £231,000 in July 2017, which was around 12% above the average July 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

3 ALFRED SMITH WAY Sold Prices

Land registry data shows three sales for 3 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 3 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
2017 14 JUL	£231,000	£206,507	12% above HPI
2005 25 JUL	£214,000	£167,827	28% above HPI
2004 24 MAR	£163,000	£149,981	9% above HPI

3 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 3 ALFRED SMITH WAY sales between March 2004 and July 2017 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 July 2005 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2017 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 3 ALFRED SMITH WAY?

3 ALFRED SMITH WAY is 124m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Legbourne, and where 3 ALFRED SMITH WAY lies on this distribution: 37% of detached houses are smaller than 3 ALFRED SMITH WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

3 ALFRED SMITH WAY: Plot and Title Map

3 ALFRED SMITH WAY sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 3 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 3 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 3 ALFRED SMITH WAY?

3 ALFRED SMITH WAY is located in LEGBOURNE, in the LN11 postcode district. The below map shows the position of No. 3 on ALFRED SMITH WAY.