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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 EAST STREET is a large extended detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £361,620. It was last sold for £280,000 in August 2018, which was around 26% 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	£221,643	26% above HPI
2014 10 NOV	£185,000	£180,195	3% above HPI
2008 27 FEB	£229,950	£181,019	27% above HPI
1999 31 MAR	£79,950	£66,152	21% above HPI
1995 24 AUG	£51,000	£55,461	8% 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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2018 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 40 EAST STREET be worth now?

40 EAST STREET might now be worth an estimated £361,620.

This is based on house price inflation of 29.2%, between August 2018 and February 2025, 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 29.2% inflationary increase is applied to the most recent sale price for 40 EAST STREET of £280,000 on 10th August 2018. For the value to have increased from £280,000 to £361,620 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 40 EAST STREET has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 40 EAST STREET has not materially changed since August 2018.

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 houses in Alford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alford, and where 40 EAST STREET lies on this distribution: 79% of detached houses 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.