BRIAR COTTAGE, MILL LANE, LEGBOURNE, LOUTH, LN11 8LT - £239,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BRIAR COTTAGE is a small extended detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £326,535. It was last sold for £239,000 in July 2017, which was around 14% above the average July 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

BRIAR COTTAGE Sold Prices

Land registry data shows two sales for BRIAR COTTAGE 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. One of the two BRIAR COTTAGE sales was for above the average price, whilst the other was 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
2017 11 JUL	£239,000	£209,516	14% above HPI
1997 6 JUN	£59,995	£60,976	2% below HPI

BRIAR COTTAGE 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 BRIAR COTTAGE sales from June 1997 and July 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 June 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might BRIAR COTTAGE be worth now?

BRIAR COTTAGE might now be worth an estimated £326,535.

This is based on house price inflation of 36.6%, between July 2017 and February 2025, for 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 36.6% inflationary increase is applied to the most recent sale price for BRIAR COTTAGE of £239,000 on 11th July 2017. For the value to have increased from £239,000 to £326,535 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of BRIAR COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2017 sale price of £239,000 represented a fair market value for the property.
• The size, condition, and specification of BRIAR COTTAGE has not materially changed since July 2017.

How Large is BRIAR COTTAGE?

BRIAR COTTAGE is 102m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Legbourne, and where BRIAR COTTAGE lies on this distribution: 21% of detached houses houses are smaller than BRIAR COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

BRIAR COTTAGE: Plot and Title Map

BRIAR COTTAGE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of BRIAR COTTAGE, 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 BRIAR COTTAGE). 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 BRIAR COTTAGE?

BRIAR COTTAGE is located on MILL LANE in LEGBOURNE, in the LN11 postcode district. The below map shows the position of BRIAR COTTAGE on MILL LANE.