BOURNE END, RESTON ROAD, LEGBOURNE, LOUTH, LN11 8LS - £176,000

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

BOURNE END is a midsized extended detached house of 134m², built sometime between 1900 and 1929. It was last sold for £176,000 in September 2010, which was around 5% above the average September 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was A.

BOURNE END Sold Prices

Land registry data shows three sales for BOURNE END 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. One of the three BOURNE END sales was for above the average price, whilst two 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
2010 23 SEP	£176,000	£168,183	5% above HPI
2006 15 SEP	£160,000	£176,340	9% below HPI
2002 10 DEC	£45,000	£117,463	62% below HPI

BOURNE END 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 BOURNE END sales between December 2002 and September 2010 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 September 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2010 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is BOURNE END?

BOURNE END is 134m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 50% of detached houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Legbourne, and where BOURNE END lies on this distribution: 46% of detached houses are smaller than BOURNE END, and 53% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

BOURNE END: Plot and Title Map

BOURNE END sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of BOURNE END, 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 BOURNE END). 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 BOURNE END?

BOURNE END is located on RESTON ROAD in LEGBOURNE, in the LN11 postcode district. The below map shows the position of BOURNE END on RESTON ROAD.