THE MOORINGS, MILL LANE, LEGBOURNE, LOUTH, LN11 8LT - £644,000

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

THE MOORINGS is a very large extended detached house of 271m², built sometime before 1900. It was last sold for £644,000 in June 2021, which was around 170% above the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

THE MOORINGS Sold Prices

Land registry data shows two sales for THE MOORINGS 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 THE MOORINGS 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
2021 28 JUN	£644,000	£238,466	170% above HPI
1997 10 SEP	£185,000	£62,540	196% above HPI

THE MOORINGS 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 THE MOORINGS sales from September 1997 and June 2021 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 1997 sale was for 196% above the HPI. So the extrapolation line tracks at 196% above the HPI over time, until the June 2021 sale, where it falls to 170% above the HPI. The line then continues to track at 170% above the HPI.

How Large is THE MOORINGS?

THE MOORINGS is 271m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 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 THE MOORINGS lies on this distribution: 98% of detached houses are smaller than THE MOORINGS, and 2% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

THE MOORINGS: Plot and Title Map

THE MOORINGS sits on a plot of roughly 0.695 of an acre, or 2,813m². The below map shows the location of THE MOORINGS, 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 THE MOORINGS). 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 THE MOORINGS?

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