63, PARSONS LANE, ALFORD, LN13 9BD - £173,500

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

63 PARSONS LANE is a small extended semi-detached house of 80m², built sometime between 1900 and 1929. It was last sold for £173,500 in July 2022, which was around 6% below the average July 2022 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

63 PARSONS LANE Sold Prices

Land registry data shows four sales for 63 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 63 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
2022 29 JUL	£173,500	£184,983	6% below HPI
2018 5 FEB	£120,000	£139,441	14% below HPI
2011 25 NOV	£105,000	£110,687	5% below HPI
2005 26 AUG	£119,950	£114,286	5% above HPI

63 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 63 PARSONS LANE sales between August 2005 and July 2022 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 February 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 63 PARSONS LANE be worth now?

63 PARSONS LANE might now be worth an estimated £180,661.

This is based on house price inflation of 4.1%, between July 2022 and December 2024, 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 4.1% inflationary increase is applied to the most recent sale price for 63 PARSONS LANE of £173,500 on 29th July 2022. For the value to have increased from £173,500 to £180,661 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 63 PARSONS LANE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The July 2022 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 63 PARSONS LANE has not materially changed since July 2022.

How Large is 63 PARSONS LANE?

63 PARSONS LANE is 80m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% 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 63 PARSONS LANE lies on this distribution: 25% of semi-detached houses houses are smaller than 63 PARSONS LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Alford.

63 PARSONS LANE: Plot and Title Map

63 PARSONS LANE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 63 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 63 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 63 PARSONS LANE?

63 PARSONS LANE is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 63 on PARSONS LANE.