6, PARK LANE, ALFORD, LN13 9DN - £157,500

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.

6 PARK LANE is a small extended detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £285,021. It was last sold for £157,500 in January 2013, which was about the average January 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

6 PARK LANE Sold Prices

Land registry data shows two sales for 6 PARK LANE 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. One of the two 6 PARK LANE sales was roughly equal to the average price, whilst the other was 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 14 JAN	£157,500	£158,180	Close to HPI
1999 16 JUL	£69,000	£68,586	1% above HPI

6 PARK LANE 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 6 PARK LANE sales from July 1999 and January 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 July 1999 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2013 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 6 PARK LANE be worth now?

6 PARK LANE might now be worth an estimated £285,021.

This is based on house price inflation of 81%, between January 2013 and February 2025, 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 81% inflationary increase is applied to the most recent sale price for 6 PARK LANE of £157,500 on 14th January 2013. For the value to have increased from £157,500 to £285,021 over the eleven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 6 PARK LANE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2013 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 6 PARK LANE has not materially changed since January 2013.

How Large is 6 PARK LANE?

6 PARK LANE is 87m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% 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 6 PARK LANE lies on this distribution: 35% of detached houses houses are smaller than 6 PARK LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Alford.

6 PARK LANE: Plot and Title Map

6 PARK LANE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 6 PARK 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 6 PARK 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 6 PARK LANE?

6 PARK LANE is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 6 on PARK LANE.