3, LABURNUM COURT, REEPHAM, LINCOLN, LN3 4DG - £200,000

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 LABURNUM COURT is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £200,000 in November 2009, which was around 14% above the average November 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

3 LABURNUM COURT Sold Prices

Land registry data shows two sales for 3 LABURNUM COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 3 LABURNUM COURT 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
2009 3 NOV	£200,000	£174,781	14% above HPI
1999 28 MAY	£87,950	£65,557	34% above HPI

3 LABURNUM COURT 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 two 3 LABURNUM COURT sales from May 1999 and November 2009 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 May 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2009 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 LABURNUM COURT?

3 LABURNUM COURT is 115m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 3 LABURNUM COURT lies on this distribution: 42% of detached houses are smaller than 3 LABURNUM COURT, and 58% of houses are larger. Note that EPC data is not available for all properties in Reepham.

3 LABURNUM COURT: Plot and Title Map

3 LABURNUM COURT sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 3 LABURNUM COURT, 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 LABURNUM COURT). 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 LABURNUM COURT?

3 LABURNUM COURT is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 3 on LABURNUM COURT.