21, MAIN ROAD, LANGWORTH, LINCOLN, LN3 5BJ - £166,500

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.

21 MAIN ROAD is a very small terraced house of 68m², built in 2019, which could now be worth an estimated £175,849. It was last sold for £166,500 in June 2023, which was around 23% above the average June 2023 terraced price in the West Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

21 MAIN ROAD Sold Prices

Land registry data shows three sales for 21 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the three 21 MAIN ROAD 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 23 JUN	£166,500	£135,597	23% above HPI
2021 26 OCT	£165,000	£126,636	30% above HPI
2019 1 NOV	£138,826	£112,837	23% above HPI

21 MAIN ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The three 21 MAIN ROAD sales between November 2019 and June 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 October 2021 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2023 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 21 MAIN ROAD be worth now?

21 MAIN ROAD might now be worth an estimated £175,849.

This is based on house price inflation of 5.6%, between June 2023 and May 2026, for terraced 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 5.6% inflationary increase is applied to the most recent sale price for 21 MAIN ROAD of £166,500 on 23rd June 2023. For the value to have increased from £166,500 to £175,849 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 21 MAIN ROAD has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The June 2023 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 21 MAIN ROAD has not materially changed since June 2023.

How Large is 21 MAIN ROAD?

21 MAIN ROAD is 68m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of terraced houses houses in Langworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Langworth, and where 21 MAIN ROAD lies on this distribution: 3% of terraced houses houses are smaller than 21 MAIN ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Langworth.

21 MAIN ROAD: Plot and Title Map

21 MAIN ROAD sits on a plot of roughly 0.020 of an acre, or 80m². The below map shows the location of 21 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 21 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 21 MAIN ROAD?

21 MAIN ROAD is located in LANGWORTH, in the LN3 postcode district. The below map shows the position of No. 21 on MAIN ROAD.