59, PARSONS LANE, ALFORD, LN13 9BD - £155,000

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.

59 PARSONS LANE is a midsized extended semi-detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £207,018. It was last sold for £155,000 in June 2019, which was around 7% above the average June 2019 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

59 PARSONS LANE Sold Prices

Land registry data shows four sales for 59 PARSONS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 59 PARSONS LANE 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
2019 28 JUN	£155,000	£144,462	7% above HPI
2010 20 AUG	£115,000	£115,624	1% below HPI
2004 9 JUL	£93,500	£108,158	14% below HPI
2002 18 NOV	£70,000	£74,150	6% below HPI

59 PARSONS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 59 PARSONS LANE sales between November 2002 and June 2019 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 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 59 PARSONS LANE be worth now?

59 PARSONS LANE might now be worth an estimated £207,018.

This is based on house price inflation of 33.6%, between June 2019 and February 2025, for semi-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 33.6% inflationary increase is applied to the most recent sale price for 59 PARSONS LANE of £155,000 on 28th June 2019. For the value to have increased from £155,000 to £207,018 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 59 PARSONS LANE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The June 2019 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 59 PARSONS LANE has not materially changed since June 2019.

How Large is 59 PARSONS LANE?

59 PARSONS LANE is 91m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of semi-detached houses houses in Alford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Alford, and where 59 PARSONS LANE lies on this distribution: 44% of semi-detached houses houses are smaller than 59 PARSONS LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Alford.

59 PARSONS LANE: Plot and Title Map

59 PARSONS LANE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 59 PARSONS LANE, 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 59 PARSONS LANE). 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 59 PARSONS LANE?

59 PARSONS LANE is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 59 on PARSONS LANE.