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

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.

THE MOORINGS is a very large extended detached house of 271m², built sometime before 1900, which could now be worth an estimated £761,947. It was last sold for £644,000 in June 2021, which was around 166% 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	£241,941	166% above HPI
1997 10 SEP	£185,000	£63,452	192% 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 192% above the HPI. So the extrapolation line tracks at 192% above the HPI over time, until the June 2021 sale, where it falls to 166% above the HPI. The line then continues to track at 166% above the HPI.

What might THE MOORINGS be worth now?

THE MOORINGS might now be worth an estimated £761,947.

This is based on house price inflation of 18.3%, between June 2021 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 18.3% inflationary increase is applied to the most recent sale price for THE MOORINGS of £644,000 on 28th June 2021. For the value to have increased from £644,000 to £761,947 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of THE MOORINGS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2021 sale price of £644,000 represented a fair market value for the property.
• The size, condition, and specification of THE MOORINGS has not materially changed since June 2021.

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 houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Legbourne, and where THE MOORINGS lies on this distribution: 98% of detached houses 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.