13, THE ALDERS, SCOTHERN, LINCOLN, LN2 2WD - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

13 THE ALDERS is a small detached house of 128m², built sometime between 1996 and 2002. It was last sold for £240,000 in September 2011, which was around 33% above the average September 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

13 THE ALDERS Sold Prices

Land registry data shows three sales for 13 THE ALDERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 13 THE ALDERS 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
2011 8 SEP	£240,000	£180,876	33% above HPI
1998 21 JUL	£106,000	£69,742	52% above HPI
1997 27 FEB	£100,000	£64,228	56% above HPI

13 THE ALDERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 13 THE ALDERS sales between February 1997 and September 2011 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 July 1998 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2011 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 13 THE ALDERS?

13 THE ALDERS is 128m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses in Scothern, based on EPC data. The below chart shows the distribution of detached houses by size in Scothern, and where 13 THE ALDERS lies on this distribution: 38% of detached houses are smaller than 13 THE ALDERS, and 63% of houses are larger. Note that EPC data is not available for all properties in Scothern.

13 THE ALDERS: Plot and Title Map

13 THE ALDERS sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 13 THE ALDERS, 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 13 THE ALDERS). 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 13 THE ALDERS?

13 THE ALDERS is located in SCOTHERN, in the LN2 postcode district. The below map shows the position of No. 13 on THE ALDERS.