3, THE ALDERS, SCOTHERN, LINCOLN, LN2 2WD - £230,000

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

3 THE ALDERS is a small detached house of 117m², built sometime between 1996 and 2002. It was last sold for £230,000 in April 2013, which was around 31% above the average April 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

3 THE ALDERS Sold Prices

Land registry data shows three sales for 3 THE ALDERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 3 THE ALDERS sales were 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
2013 12 APR	£230,000	£175,385	31% above HPI
2006 23 JUN	£220,000	£173,252	27% above HPI
1996 29 NOV	£95,000	£62,801	51% above HPI

3 THE ALDERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 3 THE ALDERS sales between November 1996 and April 2013 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 June 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the April 2013 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 3 THE ALDERS?

3 THE ALDERS is 117m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of detached houses in Scothern, based on EPC data. The below chart shows the distribution of detached houses by size in Scothern, and where 3 THE ALDERS lies on this distribution: 29% of detached houses are smaller than 3 THE ALDERS, and 71% of houses are larger. Note that EPC data is not available for all properties in Scothern.

3 THE ALDERS: Plot and Title Map

3 THE ALDERS sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 3 THE ALDERS, 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 3 THE ALDERS). 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 3 THE ALDERS?

3 THE ALDERS is located in SCOTHERN, in the LN2 postcode district. The below map shows the position of No. 3 on THE ALDERS.