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
26 PARSONS LANE is a large extended detached house of 129m², built sometime between 1930 and 1949. It was last sold for £182,000 in April 2021, which was around 22% below the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 26 PARSONS LANE since 1st 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 26 PARSONS LANE 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 16 APR | £182,000 | £232,750 | 22% below HPI |
2006 29 SEP | £155,000 | £176,340 | 12% 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 two 26 PARSONS LANE sales from September 2006 and April 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 September 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
26 PARSONS LANE is 129m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses in Alford, based on EPC data. The below chart shows the distribution of detached houses by size in Alford, and where 26 PARSONS LANE lies on this distribution: 76% of detached houses are smaller than 26 PARSONS LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Alford.
26 PARSONS LANE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 26 PARSONS LANE, 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 26 PARSONS LANE). 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.
26 PARSONS LANE is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 26 on PARSONS LANE.