75, PARSONS LANE, ALFORD, LN13 9HS - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

75 PARSONS LANE is a large detached house of 125m², built sometime between 1930 and 1949. It was last sold for £215,000 in July 2017, which was around 4% above the average July 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

75 PARSONS LANE Sold Prices

Land registry data shows two sales for 75 PARSONS 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 75 PARSONS LANE sales was for above the average price, whilst the other was 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
2017 31 JUL	£215,000	£206,507	4% above HPI
1998 6 FEB	£42,750	£62,385	31% below HPI

75 PARSONS 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 75 PARSONS LANE sales from February 1998 and July 2017 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 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 75 PARSONS LANE?

75 PARSONS LANE is 125m² according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Alford, based on EPC data. The below chart shows the distribution of detached houses by size in Alford, and where 75 PARSONS LANE lies on this distribution: 74% of detached houses are smaller than 75 PARSONS LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Alford.

75 PARSONS LANE: Plot and Title Map

75 PARSONS LANE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 75 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 75 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 75 PARSONS LANE?

75 PARSONS LANE is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 75 on PARSONS LANE.