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

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

1A CHAPEL STREET is a very small extended detached house of 62m², built sometime between 2003 and 2006. It was last sold for £180,000 in May 2019, which was around 17% 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	£216,678	17% below HPI
2018 23 MAR	£140,000	£207,278	32% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

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 in Alford, based on EPC data. The below chart shows the distribution of detached houses by size in Alford, and where 1A CHAPEL STREET lies on this distribution: 5% of detached 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.