4, BOURNE ROAD, ALFORD, LN13 9HX - £111,500

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

4 BOURNE ROAD is a small extended detached house of 86m², built sometime before 1900, which could now be worth an estimated £192,037. It was last sold for £111,500 in March 2005, which was around 33% below the average March 2005 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

4 BOURNE ROAD Sold Prices

Land registry data shows three sales for 4 BOURNE ROAD 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. All of the three 4 BOURNE 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
2005 23 MAR	£111,500	£165,413	33% below HPI
2005 27 JAN	£110,000	£169,109	35% below HPI
2002 31 OCT	£76,500	£116,353	34% below HPI

4 BOURNE ROAD 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 4 BOURNE ROAD sales between October 2002 and March 2005 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 January 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2005 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 BOURNE ROAD be worth now?

4 BOURNE ROAD might now be worth an estimated £192,037.

This is based on house price inflation of 72.2%, between March 2005 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 72.2% inflationary increase is applied to the most recent sale price for 4 BOURNE ROAD of £111,500 on 23rd March 2005. For the value to have increased from £111,500 to £192,037 over the eighteen years and three months to December 2024, the following assumptions must hold true:

• The value of 4 BOURNE ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2005 sale price of £111,500 represented a fair market value for the property.
• The size, condition, and specification of 4 BOURNE ROAD has not materially changed since March 2005.

How Large is 4 BOURNE ROAD?

4 BOURNE ROAD is 86m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 4 BOURNE ROAD lies on this distribution: 32% of detached houses houses are smaller than 4 BOURNE ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Alford.

4 BOURNE ROAD: Plot and Title Map

4 BOURNE ROAD sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 4 BOURNE 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 4 BOURNE 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.

Where is 4 BOURNE ROAD?

4 BOURNE ROAD is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 4 on BOURNE ROAD.