MEADOWAY, STATION ROAD, LEGBOURNE, LOUTH, LN11 8LH - £340,000

MEADOWAY is a large extended detached house of 149m², built sometime between 1983 and 1990. It was last sold for £340,000 in January 2020, which was around 58% above the average January 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

MEADOWAY Sold Prices

Land registry data shows three sales for MEADOWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three MEADOWAY 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
2020 24 JAN	£340,000	£215,745	58% above HPI
2017 10 MAR	£310,000	£203,019	53% above HPI
2000 27 OCT	£129,950	£75,544	72% above HPI

MEADOWAY 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 three MEADOWAY sales between October 2000 and January 2020 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 March 2017 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2020 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is MEADOWAY?

MEADOWAY is 149m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Legbourne, and where MEADOWAY lies on this distribution: 61% of detached houses are smaller than MEADOWAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

MEADOWAY: Plot and Title Map

MEADOWAY sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of MEADOWAY, 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 MEADOWAY). 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 MEADOWAY?

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