STATION COTTAGE, STATION ROAD, LEGBOURNE, LOUTH, LN11 8LH - £399,000

STATION COTTAGE is a large extended detached house of 151m², built sometime before 1900. It was last sold for £399,000 in January 2023, which was around 39% above the average January 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was B.

STATION COTTAGE Sold Prices

Land registry data shows two sales for STATION COTTAGE 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. One of the two STATION COTTAGE sales was for above the average price, whilst the other was 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
2023 4 JAN	£399,000	£286,082	39% above HPI
2003 3 JUN	£85,000	£133,913	37% below HPI

STATION COTTAGE 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 STATION COTTAGE sales from June 2003 and January 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 June 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is STATION COTTAGE?

STATION COTTAGE is 151m², which includes three extensions, according to the EPC inspection conducted in August 2022. 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 STATION COTTAGE lies on this distribution: 64% of detached houses are smaller than STATION COTTAGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

STATION COTTAGE: Plot and Title Map

STATION COTTAGE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of STATION COTTAGE, 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 STATION COTTAGE). 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 STATION COTTAGE?

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