18, THE ALDERS, SCOTHERN, LINCOLN, LN2 2WD - £247,000

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

18 THE ALDERS is a very small detached house of 102m², built sometime between 1996 and 2002. It was last sold for £247,000 in September 2014, which was around 33% above the average September 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

18 THE ALDERS Sold Prices

Land registry data shows four sales for 18 THE ALDERS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 18 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
2014 19 SEP	£247,000	£185,261	33% above HPI
2004 21 DEC	£222,995	£171,463	30% above HPI
2004 27 AUG	£224,000	£177,543	26% above HPI
1997 28 APR	£104,950	£65,543	60% above HPI

18 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 four 18 THE ALDERS sales between April 1997 and September 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 December 2004 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2014 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 18 THE ALDERS?

18 THE ALDERS is 102m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Scothern, based on EPC data. The below chart shows the distribution of detached houses by size in Scothern, and where 18 THE ALDERS lies on this distribution: 16% of detached houses are smaller than 18 THE ALDERS, and 83% of houses are larger. Note that EPC data is not available for all properties in Scothern.

18 THE ALDERS: Plot and Title Map

18 THE ALDERS sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 18 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 18 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 18 THE ALDERS?

18 THE ALDERS is located in SCOTHERN, in the LN2 postcode district. The below map shows the position of No. 18 on THE ALDERS.