6, WALLACES YARD, ALFORD, LN13 9DD - £350,000

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

6 WALLACES YARD is a large detached house of 127m², which could now be worth an estimated £377,741. It was last sold for £350,000 in December 2021, which was around 33% above the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

6 WALLACES YARD Sold Prices

Land registry data shows two sales for 6 WALLACES YARD 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 6 WALLACES YARD 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
2021 20 DEC	£350,000	£263,970	33% above HPI
2017 11 JAN	£238,450	£201,722	18% above HPI

6 WALLACES YARD 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 WALLACES YARD sales from January 2017 and December 2021 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 January 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 6 WALLACES YARD be worth now?

6 WALLACES YARD might now be worth an estimated £377,741.

This is based on house price inflation of 7.9%, between December 2021 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 7.9% inflationary increase is applied to the most recent sale price for 6 WALLACES YARD of £350,000 on 20th December 2021. For the value to have increased from £350,000 to £377,741 over the three years to December 2024, the following assumptions must hold true:

• The value of 6 WALLACES YARD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WALLACES YARD has not materially changed since December 2021.

How Large is 6 WALLACES YARD?

6 WALLACES YARD is 127m² according to the EPC inspection conducted in August 2016. This puts it in the largest 30% 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 WALLACES YARD lies on this distribution: 76% of detached houses houses are smaller than 6 WALLACES YARD, and 24% of houses are larger. Note that EPC data is not available for all properties in Alford.

6 WALLACES YARD: Plot and Title Map

6 WALLACES YARD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 6 WALLACES YARD, 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 WALLACES YARD). 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 WALLACES YARD?

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