18, MAIN ROAD, LANGWORTH, LINCOLN, LN3 5BJ - £146,000

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.

18 MAIN ROAD is a small extended detached house of 84m², built sometime before 1900, which could now be worth an estimated £168,794. It was last sold for £146,000 in March 2021, which was around 43% below the average March 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

18 MAIN ROAD Sold Prices

Land registry data shows three sales for 18 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 18 MAIN ROAD sales were for below 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 25 MAR	£146,000	£254,445	43% below HPI
1998 2 JAN	£39,950	£68,343	42% below HPI
1997 20 JUN	£40,000	£66,134	40% below HPI

18 MAIN ROAD 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 three 18 MAIN ROAD sales between June 1997 and March 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 January 1998 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 18 MAIN ROAD be worth now?

18 MAIN ROAD might now be worth an estimated £168,794.

This is based on house price inflation of 15.6%, between March 2021 and March 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.6% inflationary increase is applied to the most recent sale price for 18 MAIN ROAD of £146,000 on 25th March 2021. For the value to have increased from £146,000 to £168,794 over the four years to March 2025, the following assumptions must hold true:

• The value of 18 MAIN ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2021 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MAIN ROAD has not materially changed since March 2021.

How Large is 18 MAIN ROAD?

18 MAIN ROAD is 84m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses houses in Langworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langworth, and where 18 MAIN ROAD lies on this distribution: 29% of detached houses houses are smaller than 18 MAIN ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Langworth.

18 MAIN ROAD: Plot and Title Map

18 MAIN ROAD sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 18 MAIN ROAD, 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 18 MAIN ROAD). 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 18 MAIN ROAD?

18 MAIN ROAD is located in LANGWORTH, in the LN3 postcode district. The below map shows the position of No. 18 on MAIN ROAD.