40, EAST STREET, ALFORD, LN13 9EH - £280,000

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

40 EAST STREET is a large extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £280,000 in August 2018, which was around 28% above the average August 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

40 EAST STREET Sold Prices

Land registry data shows five sales for 40 EAST STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five 40 EAST STREET 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
2018 10 AUG	£280,000	£218,460	28% above HPI
2014 10 NOV	£185,000	£177,608	4% above HPI
2008 27 FEB	£229,950	£178,420	29% above HPI
1999 31 MAR	£79,950	£65,202	23% above HPI
1995 24 AUG	£51,000	£54,665	7% below HPI

40 EAST 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 five 40 EAST STREET sales between August 1995 and August 2018 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 November 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 40 EAST STREET?

40 EAST STREET is 131m², which includes two extensions, according to the EPC inspection conducted in April 2010. 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 40 EAST STREET lies on this distribution: 79% of detached houses are smaller than 40 EAST STREET, and 21% of houses are larger. Note that EPC data is not available for all properties in Alford.

40 EAST STREET: Plot and Title Map

40 EAST STREET sits on a plot of roughly 0.260 of an acre, or 1,051m². The below map shows the location of 40 EAST 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 40 EAST 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 40 EAST STREET?

40 EAST STREET is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 40 on EAST STREET.