5, JOHN SMITH CLOSE, WILLOUGHBY, ALFORD, LN13 9NZ - £257,000

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

5 JOHN SMITH CLOSE is a large extended detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £330,339. It was last sold for £257,000 in August 2018, which was around 16% above the average August 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

5 JOHN SMITH CLOSE Sold Prices

Land registry data shows three sales for 5 JOHN SMITH CLOSE 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 5 JOHN SMITH CLOSE 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 29 AUG	£257,000	£221,643	16% above HPI
2011 1 AUG	£178,000	£171,046	4% above HPI
2008 29 FEB	£193,000	£181,019	7% above HPI

5 JOHN SMITH CLOSE 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 5 JOHN SMITH CLOSE sales between February 2008 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 August 2011 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 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 5 JOHN SMITH CLOSE be worth now?

5 JOHN SMITH CLOSE might now be worth an estimated £330,339.

This is based on house price inflation of 28.5%, between August 2018 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 28.5% inflationary increase is applied to the most recent sale price for 5 JOHN SMITH CLOSE of £257,000 on 29th August 2018. For the value to have increased from £257,000 to £330,339 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 JOHN SMITH CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2018 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 5 JOHN SMITH CLOSE has not materially changed since August 2018.

How Large is 5 JOHN SMITH CLOSE?

5 JOHN SMITH CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses houses in Willoughby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willoughby, and where 5 JOHN SMITH CLOSE lies on this distribution: 79% of detached houses houses are smaller than 5 JOHN SMITH CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Willoughby.

5 JOHN SMITH CLOSE: Plot and Title Map

5 JOHN SMITH CLOSE sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of 5 JOHN SMITH CLOSE, 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 5 JOHN SMITH CLOSE). 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 5 JOHN SMITH CLOSE?

5 JOHN SMITH CLOSE is located in WILLOUGHBY, in the LN13 postcode district. The below map shows the position of No. 5 on JOHN SMITH CLOSE.