ORCHARD COTTAGE, STATION ROAD, LEGBOURNE, LOUTH, LN11 8LH - £190,000

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.

ORCHARD COTTAGE is a small extended detached house of 111m², built sometime before 1900, which could now be worth an estimated £323,955. It was last sold for £190,000 in February 2010, which was around 13% above the average February 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was F.

ORCHARD COTTAGE Sold Prices

Land registry data shows two sales for ORCHARD 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. Both of the two ORCHARD COTTAGE 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
2010 5 FEB	£190,000	£167,887	13% above HPI
2005 21 OCT	£200,500	£178,664	12% above HPI

ORCHARD 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 ORCHARD COTTAGE sales from October 2005 and February 2010 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 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2010 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might ORCHARD COTTAGE be worth now?

ORCHARD COTTAGE might now be worth an estimated £323,955.

This is based on house price inflation of 70.5%, between February 2010 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 70.5% inflationary increase is applied to the most recent sale price for ORCHARD COTTAGE of £190,000 on 5th February 2010. For the value to have increased from £190,000 to £323,955 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of ORCHARD COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2010 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD COTTAGE has not materially changed since February 2010.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 111m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 ORCHARD COTTAGE lies on this distribution: 28% of detached houses houses are smaller than ORCHARD COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.547 of an acre, or 2,213m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD COTTAGE?

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