WIELLA, COWLE LANE, LEGBOURNE, LOUTH, LN11 8LP - £228,500

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.

WIELLA is a small extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £401,768. It was last sold for £228,500 in April 2012, which was around 40% above the average April 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

WIELLA Sold Prices

Land registry data shows two sales for WIELLA 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 WIELLA 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
2012 13 APR	£228,500	£162,802	40% above HPI
2002 29 APR	£120,000	£99,217	21% above HPI

WIELLA 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 WIELLA sales from April 2002 and April 2012 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 April 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2012 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might WIELLA be worth now?

WIELLA might now be worth an estimated £401,768.

This is based on house price inflation of 75.8%, between April 2012 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 75.8% inflationary increase is applied to the most recent sale price for WIELLA of £228,500 on 13th April 2012. For the value to have increased from £228,500 to £401,768 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of WIELLA has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2012 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of WIELLA has not materially changed since April 2012.

How Large is WIELLA?

WIELLA is 121m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% 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 WIELLA lies on this distribution: 36% of detached houses houses are smaller than WIELLA, and 64% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

WIELLA: Plot and Title Map

WIELLA sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of WIELLA, 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 WIELLA). 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 WIELLA?

WIELLA is located on COWLE LANE in LEGBOURNE, in the LN11 postcode district. The below map shows the position of WIELLA on COWLE LANE.