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
20 SOUTH MARKET PLACE is a very small extended detached house of 52m², built sometime between 1900 and 1929. It was last sold for £145,000 in August 2021, which was around 41% below the average August 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows six sales for 20 SOUTH MARKET PLACE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the six 20 SOUTH MARKET PLACE 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 |
---|---|---|---|
2021 3 AUG | £145,000 | £243,899 | 41% below HPI |
2021 29 JAN | £104,000 | £236,135 | 56% below HPI |
2012 29 JUN | £83,000 | £162,711 | 49% below HPI |
2006 3 NOV | £74,250 | £176,362 | 58% below HPI |
2004 24 SEP | £69,000 | £163,555 | 58% below HPI |
2002 19 NOV | £62,500 | £117,182 | 47% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The six 20 SOUTH MARKET PLACE sales between November 2002 and August 2021 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 2021 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the August 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.
20 SOUTH MARKET PLACE is 52m², which includes one extension, according to the EPC inspection conducted in September 2011. 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 20 SOUTH MARKET PLACE lies on this distribution: Less than 1% of detached houses are smaller than 20 SOUTH MARKET PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Alford.
20 SOUTH MARKET PLACE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 20 SOUTH MARKET PLACE, 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 20 SOUTH MARKET PLACE). 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.
20 SOUTH MARKET PLACE is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 20 on SOUTH MARKET PLACE.