2, COWLE LANE, LEGBOURNE, LOUTH, LN11 8LP - £164,000

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.

2 COWLE LANE is a very small semi-detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £212,535. It was last sold for £164,000 in January 2019, which was around 10% above the average January 2019 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

2 COWLE LANE Sold Prices

Land registry data shows five sales for 2 COWLE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five 2 COWLE LANE 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 16 JAN	£164,000	£148,882	10% above HPI
2014 9 SEP	£130,000	£119,527	9% above HPI
2009 1 JUN	£85,000	£111,066	23% below HPI
2006 13 MAR	£95,000	£115,177	18% below HPI
1998 6 FEB	£43,000	£39,853	8% above HPI

2 COWLE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five 2 COWLE LANE sales between February 1998 and January 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 September 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 COWLE LANE be worth now?

2 COWLE LANE might now be worth an estimated £212,535.

This is based on house price inflation of 29.6%, between January 2019 and February 2025, for semi-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 29.6% inflationary increase is applied to the most recent sale price for 2 COWLE LANE of £164,000 on 16th January 2019. For the value to have increased from £164,000 to £212,535 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 COWLE LANE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The January 2019 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COWLE LANE has not materially changed since January 2019.

How Large is 2 COWLE LANE?

2 COWLE LANE is 71m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of semi-detached houses houses in Legbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Legbourne, and where 2 COWLE LANE lies on this distribution: 4% of semi-detached houses houses are smaller than 2 COWLE LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

2 COWLE LANE: Plot and Title Map

2 COWLE LANE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 COWLE LANE, 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 2 COWLE LANE). 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 2 COWLE LANE?

2 COWLE LANE is located in LEGBOURNE, in the LN11 postcode district. The below map shows the position of No. 2 on COWLE LANE.