4, MAIN ROAD, LANGWORTH, LINCOLN, LN3 5BJ - £124,500

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

4 MAIN ROAD is a midsized extended detached house of 135m², built sometime before 1900. It was last sold for £124,500 in February 2019, which was around 44% below the average February 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2024, where the current energy rating was E, and the potential energy rating was C.

4 MAIN ROAD Sold Prices

Land registry data shows two sales for 4 MAIN ROAD 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 4 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
2019 1 FEB	£124,500	£221,723	44% below HPI
2008 2 JAN	£130,500	£198,231	34% below HPI

4 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 two 4 MAIN ROAD sales from January 2008 and February 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 January 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 4 MAIN ROAD?

4 MAIN ROAD is 135m², which includes three extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 50% of detached houses in Langworth, based on EPC data. The below chart shows the distribution of detached houses by size in Langworth, and where 4 MAIN ROAD lies on this distribution: 58% of detached houses are smaller than 4 MAIN ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Langworth.

4 MAIN ROAD: Plot and Title Map

4 MAIN ROAD sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 4 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 4 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 4 MAIN ROAD?

4 MAIN ROAD is located in LANGWORTH, in the LN3 postcode district. The below map shows the position of No. 4 on MAIN ROAD.