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
24 STATION ROAD is a very small extended detached house of 59m², built sometime before 1900. It was last sold for £96,000 in August 2010, which was around 44% below the average August 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2010, where the current energy rating was F, and the potential energy rating was F.
Land registry data shows three sales for 24 STATION ROAD since 1st 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. All of the three 24 STATION ROAD 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 |
---|---|---|---|
2010 12 AUG | £96,000 | £170,916 | 44% below HPI |
2008 21 APR | £133,000 | £177,207 | 25% below HPI |
1997 12 SEP | £37,000 | £62,540 | 41% 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 three 24 STATION ROAD sales between September 1997 and August 2010 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 April 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2010 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
24 STATION ROAD is 59m², which includes one extension, according to the EPC inspection conducted in July 2010. 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 24 STATION ROAD lies on this distribution: 4% of detached houses are smaller than 24 STATION ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Alford.
24 STATION ROAD sits on a plot of roughly 0.148 of an acre, or 601m². The below map shows the location of 24 STATION ROAD, 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 STATION ROAD). 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.
24 STATION ROAD is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 24 on STATION ROAD.