18, CHAPEL STREET, ALFORD, LN13 9DP - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 CHAPEL STREET is a large extended detached house of 133m², built sometime between 2003 and 2006, which could now be worth an estimated £324,789. It was last sold for £250,000 in December 2018, which was around 14% above the average December 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

18 CHAPEL STREET Sold Prices

Land registry data shows four sales for 18 CHAPEL STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 18 CHAPEL STREET 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
2018 6 DEC	£250,000	£219,283	14% above HPI
2017 30 JAN	£237,500	£201,722	18% above HPI
2011 7 DEC	£202,000	£166,895	21% above HPI
2005 15 JUN	£160,000	£171,121	6% below HPI

18 CHAPEL STREET 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 four 18 CHAPEL STREET sales between June 2005 and December 2018 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 January 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2018 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 18 CHAPEL STREET be worth now?

18 CHAPEL STREET might now be worth an estimated £324,789.

This is based on house price inflation of 29.9%, between December 2018 and March 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 29.9% inflationary increase is applied to the most recent sale price for 18 CHAPEL STREET of £250,000 on 6th December 2018. For the value to have increased from £250,000 to £324,789 over the seven years and nine months to March 2025, the following assumptions must hold true:

• The value of 18 CHAPEL STREET has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHAPEL STREET has not materially changed since December 2018.

How Large is 18 CHAPEL STREET?

18 CHAPEL STREET is 133m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 30% 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 18 CHAPEL STREET lies on this distribution: 80% of detached houses houses are smaller than 18 CHAPEL STREET, and 20% of houses are larger. Note that EPC data is not available for all properties in Alford.

18 CHAPEL STREET: Plot and Title Map

18 CHAPEL STREET sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 18 CHAPEL STREET, 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 18 CHAPEL STREET). 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 18 CHAPEL STREET?

18 CHAPEL STREET is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 18 on CHAPEL STREET.