1A, CHAPEL STREET, ALFORD, LN13 9DP - £180,000

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.

1A CHAPEL STREET is a very small extended detached house of 62m², built sometime between 2003 and 2006, which could now be worth an estimated £234,382. It was last sold for £180,000 in May 2019, which was around 18% below the average May 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

1A CHAPEL STREET Sold Prices

Land registry data shows two sales for 1A CHAPEL STREET 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 1A CHAPEL STREET 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
2019 31 MAY	£180,000	£219,835	18% below HPI
2018 23 MAR	£140,000	£210,298	33% below HPI

1A 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 two 1A CHAPEL STREET sales from March 2018 and May 2019 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 March 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1A CHAPEL STREET be worth now?

1A CHAPEL STREET might now be worth an estimated £234,382.

This is based on house price inflation of 30.2%, between May 2019 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 30.2% inflationary increase is applied to the most recent sale price for 1A CHAPEL STREET of £180,000 on 31st May 2019. For the value to have increased from £180,000 to £234,382 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 1A CHAPEL STREET has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 1A CHAPEL STREET has not materially changed since May 2019.

How Large is 1A CHAPEL STREET?

1A CHAPEL STREET is 62m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% 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 1A CHAPEL STREET lies on this distribution: 5% of detached houses houses are smaller than 1A CHAPEL STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Alford.

1A CHAPEL STREET: Plot and Title Map

1A CHAPEL STREET sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 1A 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 1A 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 1A CHAPEL STREET?

1A CHAPEL STREET is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 1A on CHAPEL STREET.