BLUE STONE HOUSE, MILL LANE, LEGBOURNE, LOUTH, LN11 8LT - £385,000

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

BLUE STONE HOUSE is a large extended detached house of 169m², built sometime between 1991 and 1995. It was last sold for £385,000 in November 2019, which was around 71% above the average November 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

BLUE STONE HOUSE Sold Prices

Land registry data shows two sales for BLUE STONE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two BLUE STONE HOUSE 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
2019 8 NOV	£385,000	£225,476	71% above HPI
2004 12 JAN	£245,000	£144,067	70% above HPI

BLUE STONE HOUSE 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 two BLUE STONE HOUSE sales from January 2004 and November 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 2004 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2019 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is BLUE STONE HOUSE?

BLUE STONE HOUSE is 169m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Legbourne, and where BLUE STONE HOUSE lies on this distribution: 76% of detached houses are smaller than BLUE STONE HOUSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

BLUE STONE HOUSE: Plot and Title Map

BLUE STONE HOUSE sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of BLUE STONE HOUSE, 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 BLUE STONE HOUSE). 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 BLUE STONE HOUSE?

BLUE STONE HOUSE is located on MILL LANE in LEGBOURNE, in the LN11 postcode district. The below map shows the position of BLUE STONE HOUSE on MILL LANE.