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

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.

3 LABURNUM COURT is a midsized extended detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £331,785. It was last sold for £200,000 in November 2009, which was around 13% 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	£177,325	13% above HPI
1999 28 MAY	£87,950	£66,511	32% 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 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2009 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 3 LABURNUM COURT be worth now?

3 LABURNUM COURT might now be worth an estimated £331,785.

This is based on house price inflation of 65.9%, between November 2009 and March 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.9% inflationary increase is applied to the most recent sale price for 3 LABURNUM COURT of £200,000 on 3rd November 2009. For the value to have increased from £200,000 to £331,785 over the sixteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 3 LABURNUM COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2009 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LABURNUM COURT has not materially changed since November 2009.

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 houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reepham, and where 3 LABURNUM COURT lies on this distribution: 42% of detached houses houses are smaller than 3 LABURNUM COURT, and 57% 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.