7, HOUSEHAMS LANE, LEGBOURNE, LOUTH, LN11 8LG - £220,000

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

7 HOUSEHAMS LANE is a small detached house of 117m², built sometime between 2003 and 2006. It was last sold for £220,000 in March 2017, which was around 8% above the average March 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

7 HOUSEHAMS LANE Sold Prices

Land registry data shows three sales for 7 HOUSEHAMS LANE 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 7 HOUSEHAMS LANE 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 6 MAR	£220,000	£203,019	8% above HPI
2004 26 MAR	£167,000	£149,981	11% above HPI
2001 31 OCT	£125,950	£88,982	42% above HPI

7 HOUSEHAMS 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 three 7 HOUSEHAMS LANE sales between October 2001 and March 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 March 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 7 HOUSEHAMS LANE?

7 HOUSEHAMS LANE is 117m² according to the EPC inspection conducted in April 2016. 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 7 HOUSEHAMS LANE lies on this distribution: 31% of detached houses are smaller than 7 HOUSEHAMS LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

7 HOUSEHAMS LANE: Plot and Title Map

7 HOUSEHAMS LANE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 7 HOUSEHAMS 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 7 HOUSEHAMS 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 7 HOUSEHAMS LANE?

7 HOUSEHAMS LANE is located in LEGBOURNE, in the LN11 postcode district. The below map shows the position of No. 7 on HOUSEHAMS LANE.