THE WILLOWS, BRIAR CLOSE, WILLOUGHBY, ALFORD, LN13 9NF - £150,000

THE WILLOWS is a very small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £150,000 in October 2016, which was around 22% below the average October 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

THE WILLOWS Sold Prices

Land registry data shows three sales for THE WILLOWS 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 THE WILLOWS 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
2016 7 OCT	£150,000	£192,862	22% below HPI
2013 5 DEC	£100,000	£165,366	40% below HPI
2002 25 MAR	£84,950	£93,311	9% below HPI

THE WILLOWS 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 THE WILLOWS sales between March 2002 and October 2016 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 December 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 81m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Willoughby, based on EPC data. The below chart shows the distribution of detached houses by size in Willoughby, and where THE WILLOWS lies on this distribution: 12% of detached houses are smaller than THE WILLOWS, and 86% of houses are larger. Note that EPC data is not available for all properties in Willoughby.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

THE WILLOWS is located on BRIAR CLOSE in WILLOUGHBY, in the LN13 postcode district. The below map shows the position of THE WILLOWS on BRIAR CLOSE.