PENVALIAN, BARLINGS LANE, LANGWORTH, LINCOLN, LN3 5DF - £260,000

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

PENVALIAN is a small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £260,000 in November 2015, which was around 33% above the average November 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

PENVALIAN Sold Prices

Land registry data shows two sales for PENVALIAN 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 PENVALIAN 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
2015 24 NOV	£260,000	£195,548	33% above HPI
2005 7 JAN	£187,500	£172,593	9% above HPI

PENVALIAN 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 PENVALIAN sales from January 2005 and November 2015 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 January 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2015 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is PENVALIAN?

PENVALIAN is 91m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Langworth, based on EPC data. The below chart shows the distribution of detached houses by size in Langworth, and where PENVALIAN lies on this distribution: 35% of detached houses are smaller than PENVALIAN, and 65% of houses are larger. Note that EPC data is not available for all properties in Langworth.

PENVALIAN: Plot and Title Map

PENVALIAN sits on a plot of roughly 0.385 of an acre, or 1,560m². The below map shows the location of PENVALIAN, 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 PENVALIAN). 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 PENVALIAN?

PENVALIAN is located on BARLINGS LANE in LANGWORTH, in the LN3 postcode district. The below map shows the position of PENVALIAN on BARLINGS LANE.