CUMBRIA, STATION ROAD, LEGBOURNE, LOUTH, LN11 8LH - £285,000

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

CUMBRIA is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £285,000 in September 2021, which was around 16% above the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

CUMBRIA Sold Prices

Land registry data shows six sales for CUMBRIA since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the six CUMBRIA 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
2021 3 SEP	£285,000	£245,698	16% above HPI
2019 21 JUN	£240,500	£215,341	12% above HPI
2013 13 JUN	£182,500	£167,067	9% above HPI
2004 7 APR	£175,000	£151,848	15% above HPI
2000 30 OCT	£95,000	£75,544	26% above HPI
1996 1 MAY	£76,000	£55,273	38% above HPI

CUMBRIA 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 six CUMBRIA sales between May 1996 and September 2021 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 2019 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is CUMBRIA?

CUMBRIA is 102m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 CUMBRIA lies on this distribution: 21% of detached houses are smaller than CUMBRIA, and 78% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

CUMBRIA: Plot and Title Map

CUMBRIA sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of CUMBRIA, 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 CUMBRIA). 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 CUMBRIA?

CUMBRIA is located on STATION ROAD in LEGBOURNE, in the LN11 postcode district. The below map shows the position of CUMBRIA on STATION ROAD.