THE OLD VICARAGE, STATION ROAD, LEGBOURNE, LOUTH, LN11 8LH - £750,000

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 OLD VICARAGE is a very large extended detached house of 369m², built sometime before 1900, which could now be worth an estimated £903,515. It was last sold for £750,000 in December 2020, which was around 217% above the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

THE OLD VICARAGE Sold Prices

Land registry data shows two sales for THE OLD VICARAGE 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 OLD VICARAGE 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
2020 11 DEC	£750,000	£236,479	217% above HPI
2002 9 AUG	£385,000	£107,027	260% above HPI

THE OLD VICARAGE 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 OLD VICARAGE sales from August 2002 and December 2020 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 August 2002 sale was for 260% above the HPI. So the extrapolation line tracks at 260% above the HPI over time, until the December 2020 sale, where it falls to 217% above the HPI. The line then continues to track at 217% above the HPI.

What might THE OLD VICARAGE be worth now?

THE OLD VICARAGE might now be worth an estimated £903,515.

This is based on house price inflation of 20.5%, between December 2020 and March 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 20.5% inflationary increase is applied to the most recent sale price for THE OLD VICARAGE of £750,000 on 11th December 2020. For the value to have increased from £750,000 to £903,515 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of THE OLD VICARAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2020 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD VICARAGE has not materially changed since December 2020.

How Large is THE OLD VICARAGE?

THE OLD VICARAGE is 369m², which includes four extensions, according to the EPC inspection conducted in February 2020. 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 OLD VICARAGE lies on this distribution: 99% of detached houses houses are smaller than THE OLD VICARAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

THE OLD VICARAGE: Plot and Title Map

THE OLD VICARAGE sits on a plot of roughly 3.2 acres, or 13,000m². The below map shows the location of THE OLD VICARAGE, 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 OLD VICARAGE). 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 OLD VICARAGE?

THE OLD VICARAGE is located on STATION ROAD in LEGBOURNE, in the LN11 postcode district. The below map shows the position of THE OLD VICARAGE on STATION ROAD.