WHEELWRIGHTS COTTAGE, STATION ROAD, LEGBOURNE, LOUTH, LN11 8LH - £250,000

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

WHEELWRIGHTS COTTAGE is a midsized extended detached house of 145m², built sometime before 1900. It was last sold for £250,000 in February 2019, which was around 11% above the average February 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

WHEELWRIGHTS COTTAGE Sold Prices

Land registry data shows four sales for WHEELWRIGHTS COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four WHEELWRIGHTS COTTAGE 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
2019 15 FEB	£250,000	£225,096	11% above HPI
2017 17 MAY	£313,500	£200,860	56% above HPI
2000 20 MAR	£145,000	£72,210	101% above HPI
1996 3 MAY	£114,000	£55,273	106% above HPI

WHEELWRIGHTS COTTAGE 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 four WHEELWRIGHTS COTTAGE sales between May 1996 and February 2019 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 May 2017 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2019 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is WHEELWRIGHTS COTTAGE?

WHEELWRIGHTS COTTAGE is 145m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Legbourne, and where WHEELWRIGHTS COTTAGE lies on this distribution: 56% of detached houses are smaller than WHEELWRIGHTS COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

WHEELWRIGHTS COTTAGE: Plot and Title Map

WHEELWRIGHTS COTTAGE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of WHEELWRIGHTS COTTAGE, 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 WHEELWRIGHTS COTTAGE). 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 WHEELWRIGHTS COTTAGE?

WHEELWRIGHTS COTTAGE is located on STATION ROAD in LEGBOURNE, in the LN11 postcode district. The below map shows the position of WHEELWRIGHTS COTTAGE on STATION ROAD.