8, ALFRED SMITH WAY, LEGBOURNE, LOUTH, LN11 8NE - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 ALFRED SMITH WAY is a small semi-detached house of 119m², built sometime between 1983 and 1990, which could now be worth an estimated £284,442. It was last sold for £185,000 in February 2016, which was around 48% above the average February 2016 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

8 ALFRED SMITH WAY Sold Prices

Land registry data shows two sales for 8 ALFRED SMITH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 8 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
2016 19 FEB	£185,000	£125,278	48% above HPI
1998 30 JAN	£68,500	£40,162	71% above HPI

8 ALFRED SMITH WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 8 ALFRED SMITH WAY sales from January 1998 and February 2016 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 1998 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the February 2016 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 8 ALFRED SMITH WAY be worth now?

8 ALFRED SMITH WAY might now be worth an estimated £284,442.

This is based on house price inflation of 53.8%, between February 2016 and December 2024, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.8% inflationary increase is applied to the most recent sale price for 8 ALFRED SMITH WAY of £185,000 on 19th February 2016. For the value to have increased from £185,000 to £284,442 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 8 ALFRED SMITH WAY has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The February 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALFRED SMITH WAY has not materially changed since February 2016.

How Large is 8 ALFRED SMITH WAY?

8 ALFRED SMITH WAY is 119m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 40% of semi-detached houses houses in Legbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Legbourne, and where 8 ALFRED SMITH WAY lies on this distribution: 33% of semi-detached houses houses are smaller than 8 ALFRED SMITH WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

8 ALFRED SMITH WAY: Plot and Title Map

8 ALFRED SMITH WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 8 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 8 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 8 ALFRED SMITH WAY?

8 ALFRED SMITH WAY is located in LEGBOURNE, in the LN11 postcode district. The below map shows the position of No. 8 on ALFRED SMITH WAY.