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
55 SOUTH STREET is a very large extended detached house of 178m², built sometime before 1900. It was last sold for £250,000 in May 2013, which was around 47% above the average May 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 55 SOUTH STREET since 1st 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 55 SOUTH 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 |
---|---|---|---|
2013 17 MAY | £250,000 | £170,620 | 47% above HPI |
2003 23 OCT | £179,000 | £137,863 | 30% above HPI |
2000 27 NOV | £127,500 | £76,227 | 67% above HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 55 SOUTH STREET sales between November 2000 and May 2013 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 October 2003 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2013 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.
55 SOUTH STREET is 178m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Alford, based on EPC data. The below chart shows the distribution of detached houses by size in Alford, and where 55 SOUTH STREET lies on this distribution: 94% of detached houses are smaller than 55 SOUTH STREET, and 6% of houses are larger. Note that EPC data is not available for all properties in Alford.
55 SOUTH STREET sits on a plot of roughly 0.286 of an acre, or 1,156m². The below map shows the location of 55 SOUTH 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 55 SOUTH 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.
55 SOUTH STREET is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 55 on SOUTH STREET.