11, ALDER PLACE, ALFORD, LN13 9BZ - £185,000

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

11 ALDER PLACE is a midsized detached house of 99m², which could now be worth an estimated £251,634. It was last sold for £185,000 in November 2017, which was around 12% below the average November 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was B.

11 ALDER PLACE Sold Prices

Land registry data shows two sales for 11 ALDER PLACE 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. Both of the two 11 ALDER PLACE 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
2017 27 NOV	£185,000	£210,451	12% below HPI
2015 30 APR	£164,950	£179,172	8% below HPI

11 ALDER PLACE 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 11 ALDER PLACE sales from April 2015 and November 2017 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 April 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 11 ALDER PLACE be worth now?

11 ALDER PLACE might now be worth an estimated £251,634.

This is based on house price inflation of 36%, between November 2017 and February 2025, 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 36% inflationary increase is applied to the most recent sale price for 11 ALDER PLACE of £185,000 on 27th November 2017. For the value to have increased from £185,000 to £251,634 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 ALDER PLACE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 11 ALDER PLACE has not materially changed since November 2017.

How Large is 11 ALDER PLACE?

11 ALDER PLACE is 99m² according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses houses in Alford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alford, and where 11 ALDER PLACE lies on this distribution: 54% of detached houses houses are smaller than 11 ALDER PLACE, and 41% of houses are larger. Note that EPC data is not available for all properties in Alford.

11 ALDER PLACE: Plot and Title Map

11 ALDER PLACE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 11 ALDER PLACE, 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 11 ALDER PLACE). 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 11 ALDER PLACE?

11 ALDER PLACE is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 11 on ALDER PLACE.