22B, CHAPEL STREET, ALFORD, LN13 9DP - £140,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22B CHAPEL STREET is a very small extended detached house of 76m², built sometime before 1900. It was last sold for £140,000 in May 2022, which was around 48% below the average May 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

22B CHAPEL STREET Sold Prices

Land registry data shows three sales for 22B CHAPEL STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 22B CHAPEL STREET sales were for below the average price, whilst one was 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
2022 24 MAY	£140,000	£269,782	48% below HPI
2016 10 OCT	£93,000	£192,862	52% below HPI
2006 29 MAR	£390,000	£168,359	132% above HPI

22B 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 three 22B CHAPEL STREET sales between March 2006 and May 2022 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 October 2016 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2022 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 22B CHAPEL STREET?

22B CHAPEL STREET is 76m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Alford, based on EPC data. The below chart shows the distribution of detached houses by size in Alford, and where 22B CHAPEL STREET lies on this distribution: 19% of detached houses are smaller than 22B CHAPEL STREET, and 79% of houses are larger. Note that EPC data is not available for all properties in Alford.

22B CHAPEL STREET: Plot and Title Map

22B CHAPEL STREET sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 22B 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 22B 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 22B CHAPEL STREET?

22B CHAPEL STREET is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 22B on CHAPEL STREET.