CARR VALE, STATION ROAD, LANGWORTH, LINCOLN, LN3 5BB - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CARR VALE is a small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £165,000 in February 2018, which was around 24% below the average February 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

CARR VALE Sold Prices

Land registry data shows two sales for CARR VALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two CARR VALE sales 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
2018 19 FEB	£165,000	£216,492	24% below HPI
1997 31 OCT	£48,000	£69,618	31% below HPI

CARR VALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two CARR VALE sales from October 1997 and February 2018 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 October 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is CARR VALE?

CARR VALE is 80m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses in Langworth, based on EPC data. The below chart shows the distribution of detached houses by size in Langworth, and where CARR VALE lies on this distribution: 23% of detached houses are smaller than CARR VALE, and 75% of houses are larger. Note that EPC data is not available for all properties in Langworth.

CARR VALE: Plot and Title Map

CARR VALE sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of CARR VALE, 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 CARR VALE). 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 CARR VALE?

CARR VALE is located on STATION ROAD in LANGWORTH, in the LN3 postcode district. The below map shows the position of CARR VALE on STATION ROAD.