ROSELEA, MILL LANE, LEGBOURNE, LOUTH, LN11 8LT - £172,000

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

ROSELEA is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £172,000 in November 2015, which was around 9% below the average November 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

ROSELEA Sold Prices

Land registry data shows two sales for ROSELEA 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 ROSELEA 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
2015 13 NOV	£172,000	£188,088	9% below HPI
2010 10 SEP	£151,000	£168,183	10% below HPI

ROSELEA 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 ROSELEA sales from September 2010 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 September 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is ROSELEA?

ROSELEA is 79m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Legbourne, and where ROSELEA lies on this distribution: 7% of detached houses are smaller than ROSELEA, and 93% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

ROSELEA: Plot and Title Map

ROSELEA sits on a plot of roughly 0.212 of an acre, or 860m². The below map shows the location of ROSELEA, 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 ROSELEA). 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 ROSELEA?

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