GRAYLING, CHAPEL LANE, LEGBOURNE, LOUTH, LN11 8LW - £173,000

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

GRAYLING is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £173,000 in April 2011, which was around 7% above the average April 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

GRAYLING Sold Prices

Land registry data shows three sales for GRAYLING 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. All of the three GRAYLING 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
2011 1 APR	£173,000	£161,407	7% above HPI
2004 18 MAY	£157,500	£155,981	1% above HPI
1997 27 JUN	£64,000	£60,100	6% above HPI

GRAYLING 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 GRAYLING sales between June 1997 and April 2011 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 May 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2011 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is GRAYLING?

GRAYLING is 86m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Legbourne, and where GRAYLING lies on this distribution: 11% of detached houses are smaller than GRAYLING, and 89% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

GRAYLING: Plot and Title Map

GRAYLING sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of GRAYLING, 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 GRAYLING). 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 GRAYLING?

GRAYLING is located on CHAPEL LANE in LEGBOURNE, in the LN11 postcode district. The below map shows the position of GRAYLING on CHAPEL LANE.