LINWOLD, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AH - £240,000

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.

LINWOLD is a midsized extended detached house of 101m², built sometime between 1900 and 1929, which could now be worth an estimated £246,983. It was last sold for £240,000 in December 2023, which was around 14% below the average December 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

LINWOLD Sold Prices

Land registry data shows five sales for LINWOLD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five LINWOLD 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
2023 4 DEC	£240,000	£278,159	14% below HPI
2013 30 MAY	£125,000	£173,106	28% below HPI
2006 20 DEC	£110,000	£180,421	39% below HPI
2006 31 MAR	£110,000	£170,812	36% below HPI
2002 25 NOV	£89,950	£118,889	24% below HPI

LINWOLD 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 five LINWOLD sales between November 2002 and December 2023 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 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might LINWOLD be worth now?

LINWOLD might now be worth an estimated £246,983.

This is based on house price inflation of 2.9%, between December 2023 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 2.9% inflationary increase is applied to the most recent sale price for LINWOLD of £240,000 on 4th December 2023. For the value to have increased from £240,000 to £246,983 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of LINWOLD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of LINWOLD has not materially changed since December 2023.

How Large is LINWOLD?

LINWOLD is 101m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludford, and where LINWOLD lies on this distribution: 43% of detached houses houses are smaller than LINWOLD, and 55% of houses are larger. Note that EPC data is not available for all properties in Ludford.

LINWOLD: Plot and Title Map

LINWOLD sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of LINWOLD, 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 LINWOLD). 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 LINWOLD?

LINWOLD is located on MAGNA MILE in LUDFORD, in the LN8 postcode district. The below map shows the position of LINWOLD on MAGNA MILE.