4A, MARKET PLACE, ALFORD, LN13 9DZ - £105,000

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

4A MARKET PLACE is a midsized detached house of 95m², built sometime between 1900 and 1929. It was last sold for £105,000 in March 2011, which was around 36% below the average March 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

4A MARKET PLACE Sold Prices

Land registry data shows two sales for 4A MARKET PLACE since 1^st 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 4A MARKET PLACE 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
2011 4 MAR	£105,000	£163,963	36% below HPI
2008 18 AUG	£95,000	£177,207	46% below HPI

4A MARKET PLACE 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 two 4A MARKET PLACE sales from August 2008 and March 2011 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 August 2008 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2011 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 4A MARKET PLACE be worth now?

4A MARKET PLACE might now be worth an estimated £182,442.

This is based on house price inflation of 73.8%, between March 2011 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 73.8% inflationary increase is applied to the most recent sale price for 4A MARKET PLACE of £105,000 on 4th March 2011. For the value to have increased from £105,000 to £182,442 over the twelve years and three months to December 2024, the following assumptions must hold true:

• The value of 4A MARKET PLACE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2011 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 4A MARKET PLACE has not materially changed since March 2011.

How Large is 4A MARKET PLACE?

4A MARKET PLACE is 95m² according to the EPC inspection conducted in November 2008. This puts it in the largest 50% 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 4A MARKET PLACE lies on this distribution: 53% of detached houses houses are smaller than 4A MARKET PLACE, and 47% of houses are larger. Note that EPC data is not available for all properties in Alford.

4A MARKET PLACE: Plot and Title Map

4A MARKET PLACE sits on a plot of roughly 0.021 of an acre, or 87m². The below map shows the location of 4A MARKET PLACE, 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 4A MARKET PLACE). 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 4A MARKET PLACE?

4A MARKET PLACE is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 4A on MARKET PLACE.