1, MEAKERS WAY, HUTTOFT, ALFORD, LN13 9TR - £122,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MEAKERS WAY is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £204,341. It was last sold for £122,500 in February 2014, which was around 28% below the average February 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

1 MEAKERS WAY Sold Prices

Land registry data shows three sales for 1 MEAKERS WAY 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 1 MEAKERS WAY 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
2014 21 FEB	£122,500	£170,789	28% below HPI
2013 17 OCT	£104,000	£172,648	40% below HPI
1999 15 OCT	£61,500	£68,759	11% below HPI

1 MEAKERS WAY 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 1 MEAKERS WAY sales between October 1999 and February 2014 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 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 MEAKERS WAY be worth now?

1 MEAKERS WAY might now be worth an estimated £204,341.

This is based on house price inflation of 66.8%, between February 2014 and December 2024, for 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 66.8% inflationary increase is applied to the most recent sale price for 1 MEAKERS WAY of £122,500 on 21st February 2014. For the value to have increased from £122,500 to £204,341 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 1 MEAKERS WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2014 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MEAKERS WAY has not materially changed since February 2014.

How Large is 1 MEAKERS WAY?

1 MEAKERS WAY is 74m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses houses in Huttoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Huttoft, and where 1 MEAKERS WAY lies on this distribution: 17% of detached houses houses are smaller than 1 MEAKERS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Huttoft.

1 MEAKERS WAY: Plot and Title Map

1 MEAKERS WAY sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 1 MEAKERS WAY, 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 1 MEAKERS WAY). 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 1 MEAKERS WAY?

1 MEAKERS WAY is located in HUTTOFT, in the LN13 postcode district. The below map shows the position of No. 1 on MEAKERS WAY.