24, SOUTH STREET, ALFORD, LN13 9AQ - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 SOUTH STREET is a large detached house of 130m², built sometime between 1976 and 1982, which could now be worth an estimated £343,423. It was last sold for £265,000 in May 2019, which was around 21% above the average May 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

24 SOUTH STREET Sold Prices

Land registry data shows two sales for 24 SOUTH 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. One of the two 24 SOUTH STREET sales was for above the average price, whilst the other was 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 29 MAY	£265,000	£219,835	21% above HPI
2000 23 MAY	£59,000	£73,116	19% below HPI

24 SOUTH 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 24 SOUTH STREET sales from May 2000 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 May 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2019 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 24 SOUTH STREET be worth now?

24 SOUTH STREET might now be worth an estimated £343,423.

This is based on house price inflation of 29.6%, between May 2019 and December 2024, 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 29.6% inflationary increase is applied to the most recent sale price for 24 SOUTH STREET of £265,000 on 29th May 2019. For the value to have increased from £265,000 to £343,423 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 24 SOUTH STREET has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SOUTH STREET has not materially changed since May 2019.

How Large is 24 SOUTH STREET?

24 SOUTH STREET is 130m² according to the EPC inspection conducted in March 2023. This puts it in the largest 30% 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 24 SOUTH STREET lies on this distribution: 77% of detached houses houses are smaller than 24 SOUTH STREET, and 22% of houses are larger. Note that EPC data is not available for all properties in Alford.

24 SOUTH STREET: Plot and Title Map

24 SOUTH STREET sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 24 SOUTH 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 24 SOUTH 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 24 SOUTH STREET?

24 SOUTH STREET is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 24 on SOUTH STREET.