THE WILLOWS, MARSH LANE, LAUGHTERTON, LINCOLN, LN1 2JX - £375,000

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 WILLOWS is a midsized detached house of 127m², built sometime between 2003 and 2006. It was last sold for £375,000 in December 2023, which was around 32% above the average December 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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 THE WILLOWS 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
2023 15 DEC	£375,000	£284,929	32% above HPI
2023 29 JUN	£360,000	£271,933	32% above HPI

THE WILLOWS 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 THE WILLOWS sales from June 2023 and December 2023 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 June 2023 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2023 sale, which was also at 32% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 127m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Laughterton, based on EPC data. The below chart shows the distribution of detached houses by size in Laughterton, and where THE WILLOWS lies on this distribution: 48% of detached houses are smaller than THE WILLOWS, and 53% of houses are larger. Note that EPC data is not available for all properties in Laughterton.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on MARSH LANE in LAUGHTERTON, in the LN1 postcode district. The below map shows the position of THE WILLOWS on MARSH LANE.