11, PARK LANE, ALFORD, LN13 9DN - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 PARK LANE is a very large extended detached house of 328m², built sometime before 1900. It was last sold for £245,000 in January 2002, which was around 169% above the average January 2002 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

11 PARK LANE Sold Prices

Land registry data shows three sales for 11 PARK LANE 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 11 PARK LANE 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
2002 31 JAN	£245,000	£91,180	169% above HPI
2000 21 NOV	£195,000	£76,227	156% above HPI
1996 22 NOV	£165,500	£57,427	188% above HPI

11 PARK LANE 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 11 PARK LANE sales between November 1996 and January 2002 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 November 2000 sale was for 156% above the HPI. So the extrapolation line tracks at 156% above the HPI over time, until the January 2002 sale, where it rises to 169% above the HPI. The line then continues to track at 169% above the HPI.

How Large is 11 PARK LANE?

11 PARK LANE is 328m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 10% of detached houses in Alford, based on EPC data. The below chart shows the distribution of detached houses by size in Alford, and where 11 PARK LANE lies on this distribution: More than 99% of detached houses are smaller than 11 PARK LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Alford.

11 PARK LANE: Plot and Title Map

11 PARK LANE sits on a plot of roughly 0.524 of an acre, or 2,121m². The below map shows the location of 11 PARK LANE, 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 PARK LANE). 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 PARK LANE?

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