71, SOUTH STREET, ALFORD, LN13 9AW - £147,500

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

71 SOUTH STREET is a very large extended detached house of 134m², built sometime before 1900, which could now be worth an estimated £251,697. It was last sold for £147,500 in February 2005, which was around 12% below the average February 2005 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

71 SOUTH STREET Sold Prices

Land registry data shows two sales for 71 SOUTH 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 71 SOUTH 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
2005 24 FEB	£147,500	£166,953	12% below HPI
2003 31 JAN	£106,000	£120,342	12% below HPI

71 SOUTH 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 71 SOUTH STREET sales from January 2003 and February 2005 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 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2005 sale, which was also at 12% below the HPI.

What might 71 SOUTH STREET be worth now?

71 SOUTH STREET might now be worth an estimated £251,697.

This is based on house price inflation of 70.6%, between February 2005 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 70.6% inflationary increase is applied to the most recent sale price for 71 SOUTH STREET of £147,500 on 24th February 2005. For the value to have increased from £147,500 to £251,697 over the eighteen years and two months to December 2024, the following assumptions must hold true:

• The value of 71 SOUTH STREET has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2005 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 71 SOUTH STREET has not materially changed since February 2005.

How Large is 71 SOUTH STREET?

71 SOUTH STREET is 134m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 20% 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 71 SOUTH STREET lies on this distribution: 80% of detached houses houses are smaller than 71 SOUTH STREET, and 20% of houses are larger. Note that EPC data is not available for all properties in Alford.

71 SOUTH STREET: Plot and Title Map

71 SOUTH STREET sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 71 SOUTH 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 71 SOUTH 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 71 SOUTH STREET?

71 SOUTH STREET is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 71 on SOUTH STREET.