56, WEST STREET, ALFORD, LN13 9HU - £150,000

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

56 WEST STREET is a very large extended detached house of 164m², built sometime before 1900. It was last sold for £150,000 in October 2017, which was around 29% below the average October 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

56 WEST STREET Sold Prices

Land registry data shows two sales for 56 WEST STREET 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 56 WEST STREET 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
2017 6 OCT	£150,000	£212,307	29% below HPI
2017 29 MAR	£108,000	£205,977	48% below HPI

56 WEST 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 two 56 WEST STREET sales from March 2017 and October 2017 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 March 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 56 WEST STREET be worth now?

56 WEST STREET might now be worth an estimated £201,283.

This is based on house price inflation of 34.2%, between October 2017 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 34.2% inflationary increase is applied to the most recent sale price for 56 WEST STREET of £150,000 on 6th October 2017. For the value to have increased from £150,000 to £201,283 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 56 WEST STREET has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2017 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 56 WEST STREET has not materially changed since October 2017.

How Large is 56 WEST STREET?

56 WEST STREET is 164m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% 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 56 WEST STREET lies on this distribution: 92% of detached houses houses are smaller than 56 WEST STREET, and 7% of houses are larger. Note that EPC data is not available for all properties in Alford.

56 WEST STREET: Plot and Title Map

56 WEST STREET sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 56 WEST 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 56 WEST 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 56 WEST STREET?

56 WEST STREET is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 56 on WEST STREET.